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
A senior anti-corruption who ran up gambling debts at Singapore’s two casino resorts was sentenced to ten years in prison after confessing to stealing nearly $1.4 million in public funds.
Edwin Yeo, 39, an assistant director in the Corrupt Practices Investigation Bureau, pleaded guilty Thursday to criminal breach of trust and forgery.… Continue Reading
Our most recent post in this series considered compliance programs in the holding company context. In this sixth installment of eight posts on “parental controls,” we turn to more actively managed subsidiaries.… Continue Reading
Sen. Ron Calderon (D-Montebello), courtesy of YouTubeSenator Ronald Calderon of the California State Assembly was indicted Thursday on two dozen counts of bribery, fraud, money laundering and other charges, and accused of accepting $100,000 in bribes from a hospital owner and undercover FBI agents.… Continue Reading
Job title: Compliance Specialist
Employer: Facebook
Location: Menlo Park, California
Description
Facebook is seeking a Compliance Specialist to focus on legal and regulatory compliance matters, including those involving Foreign Corrupt Practices Act (FCPA), UK Bribery Act and company policies.… Continue Reading
In this fifth of an eight-part series on “parental controls,” we turn from consideration of compliance programs in joint ventures (JVs) to exploring such programs in the context of other affiliated entities.… Continue Reading
The Department of Justice revised its procedures for obtaining documents from media outlets regarding leaks of classified material, promising to notify journalists beforehand of any requests for the documents.
The DOJ’s new regulations, published late Friday, make it manadatory that the agency provide notice of any impending demand for such documents, unless circumstances require otherwise.… Continue Reading
Ukraine’s opposition this weekend overran the estate of former president Viktor Yanukovich. The 340-acre private compound, an hour’s drive from Kiev, had never been open to the public.
Behind the walls people found a five-story Russian-style main house with a garage filled with classic sports cars and motorcycles.… Continue Reading
Big pharma Baxter International said Friday the DOJ and SEC have closed their FCPA investigations and the agencies won’t take further action.
The declinations were first reported by Rachel Louise Ensign at the Wall Street Journal.… Continue Reading
The Securities and Exchange Commission filed a “friend-of-the-court” brief on Thursday, arguing that whistleblowers are entitled to protection from employer retaliation, even if they report the wrongdoing only to their employer and not to the SEC.… Continue Reading
In this fourth of eight installments, we look at risk assessments and mitigation measures for joint venture (JV) interests. You can find Parts One, Two, and Three here.
Risk assessments are an important tool for JVs to understand their compliance risks better and for parent companies to monitor those risks and mitigation measures.… Continue Reading
The planned film In Plain Sight: Stories of Hope and Freedom is part of a campaign to help stop sex trafficking in the United States. It’s set for release into stores and online by Word Entertainment on October 4, 2014.… Continue Reading
Wal-Mart Stores, Inc. said in an earnings release Thursday that it expects to spend between $200 million and $240 million on FCPA-related matters and compliance for fiscal 2015.
The world’s largest retailer has already spent more than $300 million on FCPA and compliance related matters.… Continue Reading
