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
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
The 40 biggest Foreign Corrupt Practices Act resolutions of all time now have penalties totaling over $17.1 billion. Put another way, that’s more money than the GDPs of Belize, Somalia, the Seychelles, and Kyrgyzstan combined.… Continue Reading
Job Title: General Counsel
Location: Portland, Oregon USA
Employer: Mercy Corps… Continue Reading
The awful ordeal for anyone accused of a serious federal crime doesn’t start with a conviction or plea deal. It begins with indictment and arrest. That’s when the accused — who’s still entitled to the presumption of innocence — enters the system.… Continue Reading
Law firm Ritch Mueller has translated the DOJ’s April 2019 Guidance Document for the Evaluation of Corporate Compliance Programs into Spanish.… Continue Reading
With plans to launch its own cryptocurrency later this year, Russia has updated its anti-bribery and AML laws to aid its burgeoning digital economy while dealing with corruption risks associated with the new technology amid reports the Federal Security Service (FSB) allegedly tried to extract a bribe worth $1 million in bitcoin from a media mogul last year.… Continue Reading
In the last three months, the FCPA Blog has been forced to ask due diligence companies, NGOs, law firms, and others to stop republishing our original content. Aren’t we all compliance professionals?… Continue Reading
The new Hogan Lovells’ Steering the Course II report examines the approaches, concerns, and regional differences of multinational corporations across the globe as they tackle anti-bribery and corruption risk by surveying 700 chief compliance officers, heads of legal, or equivalent.… Continue Reading
The clamor for public access to open or public company registers (sometimes called “UBO” – ultimate beneficial ownership – registers) continues unabated. One of the latest to extoll their virtues as a means of combatting corruption is Joseph Kraus in a recent post on the FCPA Blog.… Continue Reading
Cardinal Health paid the SEC $8.8 million Friday to settle FCPA offenses related to a Chinese subsidiary that provided marketing services. … Continue Reading
One of the most significant developments in the ethics space in recent years is the recognition that “paper” programs don’t afford meaningful protection against misconduct or its consequences. Established companies such as Nissan and Pacific Gas & Electric and media companies reeling from #MeToo scandals generally have a compliance infrastructure of lawyers, Codes of Conduct, training and hotlines but nonetheless their CEOs and senior managers have behaved as if these safeguards didn’t apply to them.… Continue Reading
In February, the Department of Justice unsealed an indictment against two former executives of the Indonesian subsidiary of Alstom S.A., Reza Moenaf and Eko Sulianto, and a former executive of Marubeni Corporation, Junji Kusunoki.… Continue Reading
A federal judge Wednesday partially acquitted the former Alstom S.A. executive convicted by a federal jury in November of bribing officials in Indonesia, ruling that prosecutors had failed to prove he violated the Foreign Corrupt Practices Act by acting as an agent of Alstom’s Connecticut subsidiary.… Continue Reading