The massive leak of 13.4 million files, dubbed the “Paradise Papers,” highlights loopholes that exist in the global financial system. The documents also show how easy it is for tax evaders, money launderers, and senior public officials to utilize anonymous companies to hide their identities, their potential conflicts of interest, and their business deals.… Continue Reading
The SEC has a new chief to enforce the FCPA. His name is Charles Cain. And what’s important to him is leveling the playing field.
In an SEC statement Thursday announcing his promotion, Cain himself said:
“I look forward to building upon the important work the unit has done to combat corruption and level the playing field globally.”… Continue Reading
Almost exactly five years ago, I wrote a post for the FCPA Blog analyzing the impact that China’s leadership transition to Xi Jinping would have on anti-corruption enforcement in China. This post assesses those predictions and makes new ones for the coming five years, in light of the recently concluded Party Congress.… Continue Reading