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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

Delay For UK Bribery Act

From comes news that implementation of the Bribery Act “is to be subject to further delay while the guidance around the defence of Adequate Procedures is finalised.

“It is reported that the new law will enter into force three months from the date of publication of the guidance.… Continue Reading

Russia’s Top Graft-Buster Busted, Bribeflation Rages

It’s not easy these days to be surprised by a story about graft in Russia. But a Reuters report a few days ago left us gaga. 

“A Moscow court,” the story began, “ordered the arrest of a top anti-corruption police chief and his accomplice on Friday on charges of extorting $46 million from a businessman.”… Continue Reading

Legislative Changes to the FCPA: What Can We Expect?

Michael Volkov testifies before the Senate Judiciary Committee on FCPA EnforcementBy Michael Volkov
At the November 30, 2010 hearing before the Senate Judiciary Committee on FCPA Enforcement, Senators Klobuchar (D-MN) and Coons (D-DE) both indicated their intent to work on modifications to the Foreign Corrupt Practices Act to address some of the concerns raised by the business community.… Continue Reading

Agent’s Sentencing Delayed

In Washington, D.C. yesterday, federal district court judge Ellen Huvelle delayed the sentencing of Ousama Naaman. She reset the hearing for April 18.

Naaman, 61, was Innospec’s former agent in Iraq.… Continue Reading

Graft And Political Risk

Muammar Abu Minyar al-Gaddafi, also known as Colonel Gaddafi, leader of Libya since 1969. Photo by James GordonPredicting what leaders will fall from power is never easy, even for the pros (“Who lost Iran?).… Continue Reading

Innospec’s Ex Boss Settles With SEC

The SEC yesterday filed a settled enforcement action against Paul W. Jennings, a former CFO and CEO at Innospec, Inc.

The SEC’s civil complaint charged him with falsely certifying to auditors from 2004 through 2009 that he had complied with Innospec’s Foreign Corrupt Practices Act compliance policy.… Continue Reading

Naaman Argues For ‘Time Served’

Innospec’s former agent in Iraq is asking to be sentenced to time served for his role in an eight-year conspiracy to defraud the United Nations oil-for-food program and bribing Iraqi officials.… Continue Reading

Fool me once, shame on . . . Who?

Aaron Murphy warns about training programs that don’t train employees. By Aaron G. Murphy

An interesting piece recently appeared in Randy Cohen’s “The Ethicist” column in the New York Times Magazine.… Continue Reading

Two-Year Prison Sentence In Haiti Telco Case

A fourth man was given a jail term today for bribing Haitian officials on behalf of U.S.-based telecommunications companies.

Antonio Perez, 52, of Miami was sentenced to two years in prison and ordered to forfeit $36,375.… Continue Reading