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
Coca Cola said it is concerned about how FIFA is handling its investigation into corruption allegations involving winning bids by Russia and Qatar to host the 2018 and 2022 World Cups.… Continue Reading
There still seems to be some debate as to whether the FCPA, the UK Bribery Act, and other international focused anti-bribery legislation aids in the fight against terrorism. But the continuum from corruption to crime to terrorism is well-established and arguing that laws such as the FCPA have no place in a country’s overall security regime seems to be me to be naive at best.… Continue Reading
Since the 2008 financial crisis, the global chorus of voices questioning capitalism has grown steadily louder. It is difficult indeed to reconcile neoliberal optimism about homo economicus with the precipitous slide of the global economy, and the folly of the subprime lending bubble.… Continue Reading
Huang Fengyan, head of the Jiangxi Province Animal Husbandry & Veterinary Bureau, has been sacked and placed under disciplinary investigation for accepting gift cash of $654. Huang’s deputes Zhang Jingyi and Qiu Shuiping were also sacked for accepting gift cash of $327 each. … Continue Reading
I am thankful for the principle of forgiveness, without which no human society, large or small, could ever endure.
Happy Thanksgiving,
Thanks to all the honest people who bravely step forward to object to misconduct.… Continue Reading
Nearly all businesses think, discuss, manage or undertake travel in some shape or form. Some manage multiple aspects of travel, including security and the popular term of “Duty of Care.” But despite this growing trend, most travel and risk managers still have the wrong idea on what must be managed and what should be managed.… Continue Reading
Job Title: Corporate Compliance Director
Employer: Avaya
Location: Basking Ridge, New Jersey or Santa Clara, California
Description
Be responsible for the overall design and management of a company-wide ethics and compliance program that meets the criteria of the federal sentencing guidelines and other relevant legal standards, lead the day-to-day operation of the program, including external vendor interface, promote the company’s Code of Conduct and determine what supporting policies and guidelines are required.… Continue Reading
At Pinsent Masons regulatory conference in London a few weeks ago, David Green, the chief of the UK Serious Fraud Office, talked about how many known frauds happen on his turf.… Continue Reading
Recently one of the most unlikely sources for praise of the Foreign Corrupt Practices Act (FCPA) came out to inform us all that corporations are the cornerstone of FCPA compliance and enforcement.… Continue Reading
FAW-Volkswagen Automotive Co Ltd, a joint venture of China’s state carmaker FAW Group Corp and Volkswagen AG, has stopped delaing with 19 public relations firms and advertising agencies in the wake of massive corruption uncovered at the group.… Continue Reading
Joseph Sigelman, a former co-CEO of PetroTiger Ltd., is demanding a criminal trial for charges against him in a federal indictment that include four FCPA-related offenses, as well as conspiracy to commit wire fraud and money laundering.… Continue Reading
This is the final post in my series analyzing IKEA’s charitable contributions in Russia in the 1990s and early 2000s. I haven’t presumed IKEA was subject to the FCPA when the events happened or that any FCPA violations might have occurred.… Continue Reading