September 25, 2023 | The FCPA Blog

Editors

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

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Barclays FCPA disclosure

The FCPA Blog October 31, 2012

Here’s the full FCPA disclosure by Barclays PLC from its Interim Management Statement filed with the London Stock Exchange on October 31:

Subsequent to reporting the investigations of the Financial Services Authority and Serious Fraud Office in July and August 2012 respectively, Barclays has been informed by the US Department of Justice (DOJ) and US Securities and Exchange Commission (SEC) that they are undertaking an investigation into whether the Group’s relationships with third parties who assist Barclays to win or retain business are compliant with the United States Foreign Corrupt Practices Act.

Ranking the defense industry’s anti-corruption policies and systems

Jessica Tillipman October 31, 2012

A few weeks ago, Transparency International UK’s (“TI-UK”) International Defence and Security Programme published the 2012 “Defence Companies Anti-Corruption Index.”

The index provides an in-depth look at the ethics and compliance programs of 129 of the world’s biggest defense contractors. … Continue Reading

Beijing steps up internet censorship

The FCPA Blog October 31, 2012

Chinese government censors blocked the New York Times website Friday after it published a blockbuster story detailing the massive wealth accumulated by the family of Prime Minister Wen Jiabao.

The Times said a review of corporate and regulatory records indicate the prime minister’s relatives control assets of at least $2.7 billion.… Continue Reading

Where is Richard Bistrong today?

Richard L. Cassin October 31, 2012

The government’s cooperating witness in the failed Africa sting prosecution now lives at the minimum security facility adjacent to the United States Penitentiary (USP) in Lewisburg, Pennsylvania (pictured left).

Richard Bistrong, 50, prisoner number 30079-016, has a release date of January 15, 2014.… Continue Reading

Alert for readers

Richard L. Cassin October 30, 2012

The FCPA Blog is hosted by Squarespace, a great group in the Big Apple that always goes the extra mile.

But Sandy has overwhelmed even the folks at Squarespace.

Here’s their latest message, just in.… Continue Reading

Owens-Illinois looks at local laws. You can too

The FCPA Blog October 30, 2012

Ohio-based glassmaker Owens-Illinois said certain of its overseas operations may have violated the FCPA and local laws.

The company has joint ventures in China, Italy, Malaysia, and Vietnam.

Want to read the anti-corruption laws for all those countries?… Continue Reading

Mini survey: overseas political contributions? (Closed)

The FCPA Blog October 30, 2012

Italian Senate approves draft anti-corruption bill

Maria Dolores Hernandez J. October 30, 2012

Last week the Italian Senate approved an anti-corruption law that will be voted on in the lower house in November.

Under the proposed law, a new agency called Civit (the Commission for the Evaluation, Transparency and Integrity of the Administration) will become the National Anti-Corruption Body.… Continue Reading

Reforming FCPA enforcement: a debate about amnesty

Stephen Fraser October 30, 2012

At first glance, the Department of Justice’s recent enforcement of the FCPA is staggering, with over $350 million in fines collected last year alone. Record-setting years have produced widespread attention in the media and a DOJ unwilling to revise its FCPA enforcement procedures.… Continue Reading

New York Times reports details of Wen family’s secret fortune

Benjamin Kessler October 29, 2012

Relatives of China’s premier Wen Jiabao control assets totaling $2.7 billion, the New York Times reported. The newspaper traced 80 percent of the money to members of Wen’s extended family.

The Times said it used public records and information from unidentified sources to sort through the family’s apparent attempt to conceal the assets via a network of partnerships and shell companies.… Continue Reading

Law professor accuses Bourke prosecutors of malpractice

Richard L. Cassin October 29, 2012

Frederic Bourke asked a federal appeals court to consider a law review article that slams the DOJ’s handling of key testimony in his trial as unethical and amounting to legal malpractice.… Continue Reading

Owens-Illinois launches FCPA investigation