Skip to content

Editors

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

Which companies with FCPA investigations disclose their law firms?

SEC rules don’t require reporting companies to disclose the names of law firms hired to investigate potential FCPA offenses, and not all companies even disclose information about ongoing investigations. But of companies that disclose FCPA investigations, which ones also publicly name their law firms, and why?… Continue Reading

Recidivist Oracle pays SEC $22.9 million to settle FCPA offenses

American technology giant Oracle Corporation agreed Tuesday to pay the SEC $22.9 million to resolve charges that it violated the Foreign Corrupt Practices Act in Turkey, India, and the United Arab Emirates through subsidiaries that created and used slush funds to bribe foreign officials in return for business.… Continue Reading

How does the European Investment Bank test for and monitor fraud risks?

The early identification of fraud risks or vulnerabilities in projects is a major concern of investors and international financial institutions. The European Investment Bank (EIB) undertakes Proactive Integrity Reviews (PIRs) to identify such potential vulnerabilities and major fraud risks in EIB-funded operations and projects.… Continue Reading

How important for compliance is remedial action?

When the DOJ and SEC published their FCPA Resource Guide, they emphasized the connection between remedial action and enforcement. The Guide makes clear that no company can expect a favorable FCPA resolution unless it takes adequate remedial action, and conversely, companies that fail to do that are more likely to face charges and harsher FCPA penalties.… Continue Reading

Airline pays reduced $41.5 million to settle FCPA offenses

Brazil airline GOL Linhas Aéreas Inteligentes S.A. agreed to pay the DOJ and SEC $41.5 million Thursday to resolve charges that it violated the Foreign Corrupt Practices Act by providing improper payments to officials in Brazil to pass legislation benefitting the company.Continue Reading