Russell A. Stamets | Contributing Editor
Russell A. Stamets is a contributing editor of the FCPA Blog.
He was the first non-Indian general counsel of a publicly traded Indian company and was general counsel for a satellite broadcasting joint venture of a large Indian business house.
He holds an LLB from Bangalore University, a Master of Business Laws from the National Law School of India University and a J.D. from Indiana University.
Russ previously practiced in East Asia for several years with a major international law firm.
He currently advises foreign companies on doing business in South and Southeast Asia and counsels Asian companies on compliance issues and investments abroad, including FCPA investigations and related matters, competition law, dispute resolution and foreign direct investment in the region.
Recent Posts
India’s anti-corruption party’s hopes fade amid controversy, chaos
Arvind Kejriwal, courtesy of YouTubeIndia’s novice anti-corruption party has flamed out just 49 days after assuming control of administering the nation’s capital city-state.
Lokpal anti-graft law targets India pols
It took more than 45 years, numerous revisions and a sound thumping for a storied political party, but the Indian parliament finally has passed a law authorizing creation of a new agency that may help address entrenched graft by public officials.
India anti-graft party marks stunning election debut
Barely a year after launching a political party to harness anger at widespread corruption, the Aam Admi Party (“Common Man” Party) has pushed the waning Congress Party from its 15-year long rule of New Delhi’s assembly. The new party’s resounding victory may portend big changes for the world’s largest democracy in the national elections expected by May 2014.
Did the SFO use U.K. press laws to muzzle reports?
The U.K.’s Serious Fraud Office (SFO) obtained an order from a British judge last month forbidding the Wall Street Journal from printing the names of dozens of individuals who are expected to be named as co-conspirators in the SFO’s investigation of the London interbank offer rate (LIBOR).
India investigation hits GM data claims
An Indian government investigation has accused General Motors of “corporate fraud” for submitting false emissions data to regulators for vehicles manufactured and sold in India from 2005-2012. The panel’s findings have led to a recall of more than 125,000 vehicles in India and could result in charges against current and former senior executives. The company also faces a fine of more than $17 million.
Can anyone navigate the India defense blacklist?
India’s emergence as the largest importer of weapons in the world has coincided with well-intentioned efforts to clean up a procurement process with a history of bribery problems.
Breaking Bad taught me . . . compliance
Compliance officers looking to increase ethical behavior in their companies might consider putting aside traditional training methods and instead administer hits of dopamine or distribute food pellets as rewards for doing “the right thing.”
Does Yadav arrest signal a new era for India?
The conviction of an important Indian politician has some commentators speaking breathlessly of a renewed commitment to fight graft in India. If only it were true. In the land that invented chess, however, the only thing that has changed is the cost to play the game.
Activist Indian bureaucrat creates political sand storm
A young member of India’s much-maligned civil service has created a major political uproar by taking on politically connected sand mining companies in India’s largest state.
Doesn’t the SEC watch Mad Men?
Mad Men characters Don Draper (left) and Pete Campbell (Photo courtesy of amctv)Chinese authorities engaged in vigorous campaigns against corruption by foreign companies and freshly wary of dangerous Western ideas might well react with wonder at the new investigation of hiring practices at JP Morgan China. Doesn’t anyone at the SEC watch Mad Men?