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
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Wal-Mart said Thursday it expects to spend between $75 million and $80 million for each of the next two quarters for FCPA matters and compliance programs.
It spent $82 million on FCPA and compliance during its fiscal second quarter ended July 31, $12 million to $17 million above its estimate.… Continue Reading
Cai Bin, former deputy director of Panyu sub-bureau of Guanzhou Public Security Bureau, was tried for taking bribes worth $448,247 from several private investors seeking land and exemption from fines. Two of the alleged bribe-givers were identified as Pan’an Industrial Automobile Maintenance Factory and Panyu Shawan Volkswagen Automobile Maintenance Factory.… Continue Reading
The electronic spies at the National Security Agency have tried lately to play down the amount of Internet traffic they inspect — and play up how central that monitoring is to stopping terrorist attacks.… Continue Reading
A munitions maker implicated in the failed Africa sting prosecution said Thursday the DOJ has ended an FCPA investigation, allowing the company to complete its stalled dissolution.
Mark Morales, one of the Africa sting defendants, worked for Allied Defense Group Inc.… Continue Reading
From SEC Commissioner Daniel M. Gallagher’s remarks at the 67th National Conference of the Society of Corporate Secretaries & Governance Professionals, Seattle, Washington on July 11, 2013:
The vital importance and proven value of our disclosure regime as a whole does not and should not lead to the conclusion that more government-mandated disclosure is always better.… Continue Reading