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
The International Anti-Corruption Academy’s Wittgenstein Villa reminds us to use our time and freedom well. I’m thinking about Siemens (which helps fund the IACA). And I am wondering if an historic reckoning for Wal-Mart could have positive consequences for all compliance officers and the global public.… Continue Reading
Last summer, I wrote a series for the FCPA Blog about Virginia’s “Shamefully Inadequate Ethics Laws” (see here, here and here). I was not alone in criticizing what has been deemed one of the least effective ethics regimes in the country.… Continue Reading
In this series, concluding with this post, the author explores the limits of the deterrence theory of punishment that underlies anti-bribery enforcement. See Parts One, Two, Three and Four here.… Continue Reading
As first reported last week by Sam Rubenfeld of the Wall Street Journal, the SEC dropped internal controls charges in a civil FCPA action against a current and a former executive at Noble Corporation in order to “streamline the presentation” of the case.… Continue Reading
Chinese authorities have seized assets worth at least $14.5 billion from retired domestic security chief Zhou Yongkang as part of a wide-ranging corruption investigation.
More than 300 of Zhou’s relatives, political allies, and staff have also been taken into custody or questioned in the past four months, sources told Reuters.… Continue Reading
I do not subscribe to the gloomy prognostications of the relentlessly hostile judiciary and media when it comes to their rebukes of the UK’s Serious Fraud Office.
Admittedly, the SFO’s prosecution of Victor Dahdaleh on charges of corruption in connection with aluminum contracts collapsed in December.… Continue Reading
California state senator Leland Yee was arrested Wednesday and indicted on federal charges of taking bribes in exchange for political favors and conspiring to traffic in firearms without a license.
The Democrat, who has been an outspoken advocate of gun control and open government while in office, is accused of trading favors for campaign cash from undercover FBI agents.… Continue Reading
A free 9-minute webinar is currently available to the public from the Ethical Alliance.
It’s called “Who can use the extortion defense.”
The webinar in the public area of the membership site is available here.… Continue Reading
Discipline authorities in north-central China’s Shanxi province have launched an investigation into a subsidiary of China Coal Energy Company Limited, following allegations it offered gifts and cash worth 1.63 million yuan ($263,098) to local government officials during the Mid-Autumn Festival last year.… Continue Reading
In this series, the author explores the limits of the deterrence theory of punishment that underlies anti-bribery enforcement. See Part One, Part Two and Part Three here.
We’re trying to understand what happens in the world when some countries seek to deter foreign bribery by enforcing FCPA-type laws and some do not.… Continue Reading
For the third time, an Organisation for Economic Co-operation and Development’s Phase 3 working group has reported that a country and party to the OECD’s anti-corruption convention has failed to bring a single foreign bribery case to trial.… Continue Reading
The Global Fund to Fight AIDS, Tuberculosis and Malaria issued a report in November that described how Cambodian government officials took nearly half a million dollars in bribes from mosquito-net manufacturers.… Continue Reading