Richard Bistrong | Contributing Editor
Richard Bistrong spent his career as an international sales executive and currently consults, writes and speaks on foreign bribery and compliance issues from that front-line perspective.
He was named to Compliance Week’s list of Top Minds in 2017 and was one of Ethisphere’s 100 Most Influential in Business Ethics in 2015.
Richard was the vice president of international sales for a large, publicly traded defense supplier, which included residing in the UK and extensive overseas travel.
In 2007, as part of a cooperation agreement with the U.S. Department of Justice and subsequent Immunity from Prosecution in the UK, Richard assisted the U.S., UK, and other governments in understanding how FCPA and other bribery and export violations occurred in international sales.
In 2012, after the collapse of the Africa Sting prosecution, Richard was sentenced as part of his own plea agreement, and served fourteen-and-a-half months at a U.S. federal prison camp.
He holds an MA in Foreign Affairs from the University of Virginia.
Richard writes about current anti-bribery and compliance issues at www.richardbistrong.com. Information about his consulting practice, Front-Line Anti-Bribery LLC, can also be found on that website.
Image courtesy of the UN via YouTubeDiplomat John Ashe of Antigua served as president of the UN General Assembly’s 68th session from September 2013 to September 2014. In October of last year, the DOJ indicted him for his alleged role in a $1.3 million bribery scandal.
Richard Bistrong reads his emails: When ‘pajamas’ were prostitutes and ‘the Z’ was a brothel in Europe
Emails are a great window into what people are thinking and doing. They tell us a lot about attitudes toward life, business, and compliance. I had my own encounter with emails before testifying as a government witness in the Africa Sting cases.
Marc Hodak, an NYU Adjunct Professor and compensation consultant, spoke at the Ethical Systems event in New York a few weeks ago. He talked about “incentive time bombs,” where “bad behavior can hide behind good performance,” and how those behaviors can go unnoticed and unobserved by management until it’s too late.
Last week I attended a one-day event at the NYU Stern School of Business, hosted by Ethical Systems and the Behavioral Science and Policy Association.
When prosecutors, regulators, and compliance practitioners agree on anything, I pay special attention.
Career prosecutor and current Deputy AG Sally Yates authored one the most important DOJ policy papers in decades — the Yates Memo, also known as the DOJ’s Individual Accountability Policy.
Image courtesy of the Music ParadigmI went to the symphony recently. But not just any symphony. It was the Music Paradigm, described as “as an engaging and unforgettable learning experience for any type of organization.” In my case, it was about compliance. But more about that later.
I received an order for almost $1 million of grenades from a Caribbean Island — as I recall, it was Antigua. You don’t need to be an auditor to know that doesn’t look right.
The American Bar Association’s 2016 Section of Litigation Annual Conference happens on April 13 – 16 in Chicago. One event during the conference will be a panel discussion called A Price on their Heads: The DOJ’s Yates Memo and the Future of Corporate Investigations.
In a prior post for the FCPA Blog, I talked about a Harvard Business Review article in which the authors shared their findings that “performance pay can actually have dangerous outcomes for companies that implement it.”