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
We conducted research on 30 corporate corruption FCPA cases resulting from SEC investigations and sanctions over the last 15 years. The aim of this research was to uncover what negative features these organizations have in their cultures.… Continue Reading
Of the four pillars (here, here, and here), Brazil’s 2013 organized crime law has thus far impacted anti-corruption enforcement to a degree that few could have imagined or dreamed.… Continue Reading
In Holyoake v Candy, a recent decision of the Chancery Division of the High Court of England and Wales, the court considered an application for a “notification injunction.”
Instead of preventing the Candy brothers from transferring assets outright, the proposed notification injunction required the Candy brothers to notify Holyoake within three days of transferring assets.… Continue Reading
A post this week by Frank Brown talked about spreading compliance to supply chains in high-risk jurisdictions. It’s a challenge without easy answers.
How do we overcome cultural differences and integrate local companies into supply-chain compliance programs without ruining relationships and busting everyone’s budget.… Continue Reading
France is the latest nation to join the anti-corruption fray, working to finalize a new law to fight corruption, foster transparency and modernize economic activity.
The proposed law — Sapin II — has eight main articles focused on the prevention of corruption and additional protections for whistleblowers, among other topics.… Continue Reading
LATAM Airlines Group S.A., a commercial airline company based in Chile, agreed to pay more than $22 million to the DOJ and SEC Monday to resolve FCPA offenses for bribing union officials in Argentina.… Continue Reading
Last week I talked about the judicial gift of a year and a day in connection with a number of FCPA sentences. But a word of advice if that’s your sentence: When you get to prison, keep it to yourself.… Continue Reading
Local firms in emerging markets are often highly attractive to multinationals looking for new suppliers and partners. Those local firms, many of them mid-sized, see joining a global value chain as a key step for survival.… Continue Reading
We discussed in the two prior posts (here and here) the two laws that Brazil enacted in 2011 to make government more accountable, transparent, and efficient. But readers may recall the major public protests that erupted in Brazil in 2013.… Continue Reading
From 2009 to at least 2013, private individuals were allegedly able to siphon off more than $3.5 billion from the wealth fund of Malaysia and go on a high-end luxury shopping spree in several countries including the United States, the United Kingdom and Switzerland for property, museum-quality art and a private jet. … Continue Reading
Norman Fitzroy Maclean retired from his English Lit teaching duties at the University of Chicago in 1973. He was 71 and had yet to publish a word of fiction.
But after his retirement, his kids encouraged him to write some of the stories he had told them about his childhood.… Continue Reading
A former employee of Southwestern Energy Co. was jailed for 36 months Wednesday after pleading guilty to embezzling nearly $450,000 from her employer and then asking for leniency by faking terminal breast cancer.… Continue Reading