News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
The Treasury Department’s Office of Foreign Assets Control imposed sanctions on 11 Hong Kong officials Friday, including the territory’s head of state, for “undermining Hong Kong’s autonomy and restricting the freedom of expression or assembly of the citizens of Hong Kong.”… Continue Reading
World Acceptance Corporation agreed Thursday to pay the SEC $21.7 million in penalties and disgorgement to resolve FCPA offenses in Mexico.… Continue Reading
My serious purpose in asking if agents are legal under the FCPA is about compliance with the accounting standards.… Continue Reading
Job Title: Compliance Director
Employer: Prologis
Location: Denver, Colorado USA… Continue Reading
I read with tremendous interest the FCPA Blog post, “In Germany, A weird tolerance for corporate crime.” I have long considered that a fundamental disconnect as well. Germany has a strong rule-based culture that anyone trying to jaywalk on one of its streets or throw trash in the wrong recycling bin is quick to find out.… Continue Reading
Job Title: Associate Director – Compliance Lead
Employer: Alexion Pharmaceuticals, Inc.
Location: Munich, Germany… Continue Reading
During our investigations in China, once we substantiate an allegation, we are regularly asked, “So can we terminate or discipline the employee?”… Continue Reading
For at least ten years, Germany’s financial regulator heard detailed complaints from reliable sources about a $2 billion accounting fraud at Wirecard AG but failed to act.… Continue Reading
Job Title: Director – Regional Compliance Officer – North America
Employer: Arthrex, Inc.
Location: Naples, Florida USA… Continue Reading
A court in Malaysia convicted former Prime Minister Najib Razak Tuesday on seven counts for looting the sovereign wealth fund 1Malaysia Development Berhad, including money laundering, abuse of power, and criminal breach of trust.… Continue Reading
Consumer health giant Johnson & Johnson said Friday it is “responding to inquiries” from the DOJ and SEC about the Foreign Corrupt Practices Act.… Continue Reading
I’m not defending what Novartis did or trying to find an excuse for the company. It violated the FCPA, and (along with a former subsidiary) paid nearly $347 million in penalties and disgorgement to resolve the offenses.… Continue Reading