News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
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
Bill Steinman
Contributing Editor
Civil asset recovery actions against kleptocrats stashing their loot in luxury real estate abroad has become a hot new topic in the global anti-corruption movements with the publication of Public Wrongs, Private Actions.… Continue Reading
Image courtesy of the Stolen Asset Recovery InitiativeCivil, as opposed to criminal, asset forfeiture cases are the subject of heated debates in domestic U.S. law. Many civil libertarians and thoughtful observers of the U.S.… Continue Reading
With most enforcement pressure bearing down on corporate supply side bribe payers, it is no surprise that the business community feels beleaguered. The fundamental unfairness is of course the impunity with which bribe takers operate, a frequent topic on the FCPA Blog.… Continue Reading
Even the most ardent Francophile, as I most assuredly am, must be dismayed by France’s abysmal record of bribery prosecutions. Recent OECD Anti-Bribery Convention Working Group reports reveal France’s inexorable zero.… Continue Reading
This year’s fabled First Monday in October when the U.S. Supreme Court opens its new Term will be especially interesting for those of us who follow international business issues. The first case scheduled for oral argument in the new term is Kiobel v.… Continue Reading
Transparency International’s July 2012 ranking of top compliance programs has European companies in the top spots. Many prominent U.S. based companies, along with Japanese and Chinese companies, rank amongst the lowest.… Continue Reading
It’s not that they are rich that bothers the rest of us. Even unearned inherited wealth isn’t the problem. It isn’t the legacy elite schools passing for merit, or the clubby social events.… Continue Reading
“Banksters,” says the cover of the Economist Magazine. Rising discontent against global trade, says New York Times columnist David Brooks.
Twenty-five percent of financial professionals in the U.S. and U.K believe that unethical behavior may be a necessary evil in order to succeed in modern business, according to a June 2012 survey sponsored by whistleblower law firm Labaton Sucharow.… Continue Reading
Highly intelligent, sophisticated, successful. I think he was of Indian ancestry, or maybe Pakistani? A modern Canadian citizen; executive of a Fortune 10 corporation responsible for North American operations for the British based corporation, first in its market position.… Continue Reading
What do people abroad really think about bribery? Do the people of Mexico, for example, agree with claims that bribery is OK there because it’s the local custom?
A peek into the minds of folks living in cultures struggling with corruption can be found in a fascinating opinion survey by Juan Camilo Plata of the Latin American Public Opinion Project and published by Vanderbilt University [pdf here].… Continue Reading
One foreign businessman was shot twice in the head by a “krysha” (bribe)-seeking Russian gang. The safety of his own children was threatened by a gang member waving photographs of them going to school, according to Tim Worstall in his Forbes article arguing for repeal of anti-bribery laws.
The view from the front lines of global capitalism can be stark and sometimes terrifying.… Continue Reading