Here’s a free preview of FCPA Today — a curated compliance newsletter for busy people.
One email a day. That’s it.
The day’s relevant Anti-Bribery Enforcement and Compliance news and commentary are delivered in a morning newsletter.
Click here to subscribe.
* * *
The directors behind Netflix’s hit series ‘Making a Murderer’ have announced a new project tackling pharma corruption. The story will be based on Steven Brill’s Huffington Post contributions relating to Johnson & Johnson and Risperidal.
The Big Picture
Intermediaries are the target of a new TI report on the international arms trade, à la Fat Leonard. 53 percent of United States export markets of arms have a high to critical risk of corruption.
Deutsche Bank paid $6 million in fines for failing to provide complete and accurate trade data to FINRA and the SEC. This is the largest-ever SEC fine for “blue sheet violations.”
Macau billionaire and real estate developer Ng Lap Seng is standing trial for allegedly bribing deceased UN’s General Assembly John Ashe, but is facing new charges related to a “paperless event” where his company provided 64GB iPads to UN Development Program officials.
In 2015, over 22 percent of Bulgarians took part in corrupt practices. Experts are concerned because back in 2011, it was 9.3 percent.
Brazilian police arrested five in connection with the giant Petrobras corruption scandal. Operation Car Wash revealed rigged public auctions held by the state-run oil company where police allege contractors paid at least $12 million to secure bids.
Three ex-Barclays traders were convicted in the London LIBOR trial, including American citizen Alex Julian Pabon. The FCPA Blog reviews the history and status of the SFO and DOJ investigations.
It’s more than just tone at the top, corporate compliance means setting realistic goals, according to Tom Fox.
Michael Volkov hates to pick on lawyers, but sometimes they get in the way of compliance.