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
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
When I was beating my sales targets every quarter over the course of a decade, it’s understandable why no one wanted to uncover anything that might disturb those results. So a “dangerous silence” marked my relationships with both peers and those above me in the chain of command.… Continue Reading
This week John Sopko, the Special Inspector General for Afghanistan Reconstruction, delivered his report about U.S. security sector assistance programs in Afghanistan since 2001. It’s the story of a monumental policy failure.… Continue Reading
Job Title: Director of Compliance and Regulatory Affairs
Employer: Iron Mountain
Location: Boston, Massachusetts USA
Description: Reporting to the Chief Compliance Officer, the Director of Compliance & Regulatory Affairs will be responsible for implementing and maintaining the regulatory compliance program under applicable international, federal, state and local laws, particularly FCPA, UK Bribery Act, OFAC, and antitrust.… Continue Reading
Multinational companies regularly hire agents and fixers to help them win lucrative business in complex or unfamiliar environments. These intermediaries, who include both established firms and well-connected individuals, provide introductions to decision-makers, intelligence on how to secure a contract, and an on-the-ground presence in far-flung lands.… Continue Reading
In our Western corporate culture, we’re conditioned to recoil at the idea of conflicts of interests. Conflicts of interest are bad, avoiding them is good, and there is no gray area in between.… Continue Reading
When Brooke Rodgers and Bill Steinman established Steinman & Rodgers over ten years ago, we set out to create a boutique law firm that provides the same caliber of service in the anti-corruption space that companies expect from large firms.… Continue Reading
Enforcement actions by U.S. and European enforcement agencies as well as the World Bank have drawn attention to bribery offenses committed by multinational companies in Russia and other former Soviet republics, in particular in Central Asia.… Continue Reading
The World Bank debarred a business unit of a Merck subsidiary Wednesday for 12 months for a “fraudulent practice” involving a health project in Bangladesh.
Institutional Family Planning Services Department (IFPSD), a business unit of Merck Sharp & Dohme B.V.… Continue Reading
On July 6, the head of Turkey’s central bank Murat Cetinkaya — who in 2017 publicly stated that he felt threatened by Bitcoin — was unexpectedly removed from his job by President Recep Tayyip Erdogan.… Continue Reading
The U.S. Securities and Exchange Commission said Tuesday it awarded an overseas whistleblower $500,000.
In a brief announcement, the SEC said the whistleblower’s “expeditious reporting” helped the agency bring a successful enforcement action.… Continue Reading
If you Google “corruption,” you get 344 million hits. A large number, yes, but dwarfed by “change management” with 4.1 billion hits. This is even more than “leadership,” usually the perennial front-runner in such corporate search exercises, with 3.53… Continue Reading
Microsoft Corporation paid the DOJ and SEC $25.3 million Monday to settle FCPA offenses related to its operations in Hungary, Saudi Arabia, Thailand, and Turkey.
A Microsoft subsidiary in Hungary called Microsoft Magyarorszag Kft.… Continue Reading