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
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Job Title: Global Financial Crimes: Anti-Corruption Group Manager
Employer: Morgan Stanley
Location: New York, NY USA
Description: Global Financial Crimes (GFC) coordinates day-to-day implementation of the Firm’s enterprise-wide financial crime prevention efforts. … Continue Reading
The U.S. Department of Justice has been named as an investigating agency in 80 active FCPA-related investigations.
The SEC has been named in 82 investigations.
The UK Serious Fraud Office has been named in 15 investigations.… Continue Reading
The 1977 Foreign Corrupt Practices Act paved the way for the landmark 1997 OECD Anti-Bribery Convention requiring major exporting nations to criminalize bribery of foreign public officials in international business. All the Parties to the Convention now have foreign bribery laws and global enforcement has ratcheted up, spurring enhanced compliance. … Continue Reading
Two of the key players in the events leading up to the FCPA’s enactment in 1977 — Judge Stanley Sporkin and Jack Blum — will be part of a panel talking about the FCPA’s historical underpinnings and ongoing significance.… Continue Reading
An SEC filing last week by a giant Italian oil company showed how a corruption investigation has grown, starting three years ago in Nigeria but spreading now to include Algeria, Congo, Kazakhstan and Kuwait.… Continue Reading
Since the beginning of this year, there have been disclosures about 38 new FCPA-related investigations.
The new investigations involve 12 countries and 23 industries.
Seven of the newest investigations mention Brazil, and three mention China.… Continue Reading
The U.S. Department of Justice has been named as an investigating agency in 77 active FCPA-related investigations.
That’s 61 percent of the disclosed active investigations.
Globally, 27 government agencies have been named in ongoing FCPA-related investigations, according to FCPA Tracker.… Continue Reading
The World Bank is hosting the Fourth Colloquium on Suspension and Debarment in Washington, DC on September 14.
This all-day event is free of charge and is suitable for both general participants and experts.… Continue Reading
The five government agencies with the most ongoing FCPA-related investigations as of today, according to FCPA Tracker, are:
1. U.S. Securities and Exchange Commission — 79 Investigations
2. U.S. Department of Justice — 77 Investigations
3. … Continue Reading
Here are the top five industries ranked by the number of companies with disclosed open FCPA-related investigations as of today, according to FCPA Tracker:
Oil and Gas Services – 24 companies
Telecommunications – 10 companies
Healthcare – 8 companies
Oil and Gas Exploration and Production – 7 companies
Pharmaceutical – 6 companies
In total, there are 46 industries with open investigations.… 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
The five government agencies with the most ongoing FCPA-related investigations this week are:
U.S. Securities and Exchange Commission — 73 Investigations
U.S. Department of Justice — 72 Investigations
UK Serious Fraud Office — 13 Investigations
Brazilian Securities Commission — 13 Investigations
Brazilian Federal Prosecutor’s Office — 4 Investigations
Globally, 23 agencies are involved in open FCPA-related investigations.… Continue Reading