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
The son of Equatorial Guinea’s president went on trial this week in France for embezzling more than $112 million from his country’s treasury.
Teodoro Nguema Obiang Mangue, also known as Teddy Obiang, is the second vice president of Equatorial Guinea.… Continue Reading
Until the SFO announced its charges against Barclays, not a single UK bank or individual had faced criminal prosecution for their role in the financial crisis of 2008.
The financial crisis and the recession that resulted is the root cause of the austerity measures that are causing such deep damage to the UK’s public bodies, including local councils, the National Health Service, fire departments and schools.… Continue Reading
Some would argue that not-for-profits have done their job after campaigning for the UK Bribery Act and France’s Loi Sapin II, and indeed for the OECD Anti-Bribery Convention, and should now leave compliance to others. … Continue Reading
What’s the biggest change in the compliance landscape? It’s the deep engagement of boards and senior management.
Today they understand the risks of reputational damage and want to stay a step ahead of the compliance process.… Continue Reading
Investigative journalists undertake complex and often dangerous work to hold organizations and individuals accountable for bribery. These journalists deserve to be encouraged and recognized for their work.
In 2015, TRACE launched its Prize for Investigative Reporting to recognize reporters in this field, and to support a free press more broadly.… Continue Reading
Two American units of Germany’s Linde Group received a declination with disgorgement from the DOJ Friday for FCPA offenses in the Republic of Georgia.
Under the declination pursuant to the FCPA Pilot Program, Linde North America Inc.… Continue Reading
Companies often ask me to record video for internal training. They want real-world stories of corruption and commerce which they can embed into an existing on-line anti-bribery compliance training.
Mastercard took that to a new level when they engaged a production company to depict chapters of my own FCPA violations, eventual guilty plea, and my sentencing to fourteen and a half months in prison.… Continue Reading
The UK Serious Fraud Office brought criminal charges Tuesday against Barclays Plc and four individuals for offenses allegedly committed when the bank sought huge loans from sources in Qatar during the 2008 financial crisis.… Continue Reading
Job Title: KYC Client Onboarding Vice President
Employer: Deutsche Bank
Location: New York, NY
Description: In accordance with Anti-Money Laundering Requirements, banks, such as Deutsche Bank AG (‘DB’), are obliged to perform Know-Your-Client (‘KYC’) reviews on all new clients they adopt.… Continue Reading
FCPA Tracker announced new updates Friday to its search functionality.
Users now see a complete list of field entry data.
A total count functionality for each field has also been added for even more powerful insight.… Continue Reading
Special Agent Adam Lee
I spoke last Thursday with Adam S. Lee, the Special Agent in charge of the U.S. Federal Bureau of Investigation’s Richmond Division.
It was reported last month that Special Agent Lee was being considered to succeed James Comey as Director of the FBI.… Continue Reading
A retired Navy Captain who served as the U.S. Naval Attaché to the Philippines was sentenced Friday to 41 months in prison for helping a foreign defense contractor avoid vessel and cargo inspections by using diplomatic cover.… Continue Reading
