Thomas Fox | Contributing Editor
Thomas Fox is a contributing editor of the FCPA Blog.
What is risk? If your name was previously Kentucky Fried Chicken (now KFC) one might think that not having a ready supply of chicken to fry up would be about as important a risk as one could imagine.
Former Venezuela oil minister Rafael RamirezBribery and corruption are rarely used as the basis of civil actions between entities and individuals. It is the exceptional case where a party claims that its refusal to submit to demands for bribes can lead to a claim of civil liability.
What is the cost of a corruption scandal? It has been known for some time that such costs could include investigative and remediation costs, any fine or penalty and post-resolution costs such as those to deal with a monitorship or ongoing remediation. Or the financial hit for stock market listed companies could also come into play.
Mehmet Hakan AtillaThat question was posed in a New York Times story about the start of the trial of Mehmet Hakan Atilla, which began Monday in New York City with jury selection. The case involves allegations money-laundering, corruption and evasion of Iranian sanctions by several Turkish individuals, government officials and banks in the country.
I am pleased to announce my partnering with Marcum LLP to put on a two-day Doing Compliance Master Class, which will be unlike any other class currently being offered. It will be held in New York City on November 28 and 29, 2017.
In one of the most interesting looks at what makes a compliance program tick and why, Todd Haugh, an assistant professor of business law and ethics at Indiana University’s Kelley School of Business, said that even best-practices compliance programs fail to take into account the importance of eliminating rationalizations.
As we near the year’s halfway point, I want to get in an early nomination for 2017’s Best and Most Important Blog Post. It was written by Susan Fowler, a one-time engineer at Uber who blogged about the sexual harassment and discriminations she experienced there.
Lucky Lindy is a term that is usually consigned to the history books. Yet to many Americans he was the hero of the 20th Century for his solo flight across the Atlantic.
It is with no small amount of pride that I am pleased to announce the publication of my latest book 2016 – The Year in Corporate FCPA Enforcement which was released this week.