Skip to content

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

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Indonesia petro-graft scandal deepens

A lawyer for Singapore-based energy trader Kernel Oil said Tuesday that a company official bribed a top Indonesia regulator to break into the country’s oil industry.

Kernel Oil’s Simon Gunawan Tanjaya allegedly paid two bribes totaling $700,000 to the head of SKKMigas, Rudi Rubiandini.… Continue Reading

GSK In China: A Game Changer in Compliance

The entry of the Chinese government into the international fight against corruption and bribery is truly a game-changer. While there may be many reasons for this very public move by the Chinese government, it is clear that foreign companies are now on notice.… Continue Reading

Who is liable for business crimes committed in China?

If a local manager in China pays bribes and is liable under the law, could his or her supervising executives in the U.S. or Europe also be held criminally responsible? Or should they shrug off the possible liabilities by claiming “the mountain is high, the emperor is far away?”… Continue Reading

MPs blast work-at-home deal for former SFO chief

The House of Commons Public Accounts Committee (PAC) issued a report in July that set out a ‘catalogue of errors and poor judgement’ by Richard Alderman, the former director of the Serious Fraud Office, for the terms he agreed with the agency’s former chief executive.… Continue Reading

Corruption concerns cloud Pemex reform plan

Mexico President Enrique Peña Nieto wants to open the state oil company to private and foreign investment.

But potential partners subject to the FCPA night be reluctant to join with Pemex because of corruption red flags.… Continue Reading

New company law reshapes India governance

A sweeping new company law in India is a major overhaul of the basic rules for corporate operation and an attempt to introduce greater transparency and improved corporate governance.

Like many things in India, there is much hope and even greater questions about the details and effectiveness of the new regime.… Continue Reading

JP Morgan China hirings trigger SEC probe

The SEC is investigating whether JP Morgan Chase violated the FCPA by hiring two children of Chinese officials to win business.

The New York Times reported Saturday that the investment bank hired the son of the chairman of the China Everbright Group, a China state-controlled conglomerate, and won business from the group that included a stock offering by a subsidiary.… Continue Reading

China Corruption Blotter (August 16, 2013)

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