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
Most FCPA enforcement actions involve intermediaries. By prioritizing risk and harnessing inherent capabilities of a compliance program, it’s possible (and often necessary) to build an effective third party compliance program despite resource limitations.… Continue Reading
Main Justice – Washington, DCA Honduran citizen pleaded guilty in federal court in Louisiana Thursday to laundering $1.3 million in bribe money, along with assets his brother looted from the Honduran Institute of Social Security.… Continue Reading
At the heart of any prospective self-disclosure to the DOJ is a robust internal compliance review program. Companies, no matter how large or small, should be looking to do two things: evaluate past practices and ensure ongoing compliance.… Continue Reading
It may not be intuitive for a compliance department to dig into the completeness, consistency and organization of a company’s employee and customer data. But the integrity of the data impacts almost every automated compliance solution a company implements.… Continue Reading
A federal judge in Miami sent an official of Aruba’s state-owned telecomms company to prison for three years for moving bribe money from Florida to Aruba and Panama.
Egbert Yvan Ferdinand Koolman, 49, a Dutch citizen living in Miami, was also ordered pay $1.3 million in restitution. … Continue Reading
Wolf of Wimbledon Jeffrey Revell-ReadeOne of the biggest boiler-room fraudsters in UK history hid his operation behind multiple layers of offshore shell companies set up by the now-defunct Panama Papers law firm, Mossack Fonseca.… Continue Reading
If your offices, like ours, are currently filled with colorful jerseys and employees furtively checking scores on their phones, you know that soccer (or football or futball) has the attention of much of the world right now.… Continue Reading
An asset-freezing injunction can be an important tool in fraud recovery litigation. Because it must be obtained ex parte, that is, without notice to the alleged fraudster, the justice system treads very carefully in balancing the rights of the accused and the accuser.… Continue Reading
Unaoil’s lawyer Jo Rickards of Mishcon de ReyaThe UK Serious Fraud Office said Tuesday it brought criminal charges against the Monaco-based intermediary that allegedly paid bribes in Iraq to help two companies win energy-related contracts.… Continue Reading
How do compliance officers get to know what they don’t know, especially in places where values are challenged, where local practices conflict with the rules, and where the line between what’s a permissible activity and what’s a violation can look blurry?… Continue Reading
One of the most common discussions in the ethics and compliance community today revolves around the idea of using corporate values to foster ethics in organizations. Though this conversation has helped practitioners move away from a check-the-box compliance approach, practices based on corporate values have unwittingly created a check-the-box approach to ethics, obscuring the disconnect between external values and what the organization actually values.… Continue Reading
Only yesterday they were pimply FCPA nerds. But a strange thing happened. They morphed into the cool kids.
Today’s compliance officers are famous and wanted.
Here’s some evidence.
The White House commuted ZTE’s corporate death sentence by arranging to embed hand-picked compliance officers in the outlaw Chinese company.… Continue Reading
