The top three FCPA stories of 2019
Richard L. Cassin
December 30, 2019
I’ll sum up my three biggest FCPA stories of the year this way: Enforcement, enforcement, enforcement.… Continue Reading
Editors
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
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
Bill Steinman
Contributing Editor
Azerbaijan: Financial market regulator succeeds globally, falls short locally
Elnur Musayev
December 26, 2019
Azerbaijan’s Financial Market Supervisory Authority was scrapped in November, with its powers vested back to the former regulator. While the agency had contributed to a positive impact on the financial industry at the global level, its work at ground level may give hints on why the decision was taken.… Continue Reading
Home for the holidays, and other wonderful surprises
Richard Bistrong
December 24, 2019
I was released from prison for FCPA offenses just over six years ago today, and three years ago gained restoration of my travel and other civil rights. So when I hear now about convictions or guilty pleas in FCPA and other white-collar cases, I understand the gut-wrenching uncertainty that these individuals face.… Continue Reading
Guralp receives UK DPA, individuals acquitted
Susan Hawley
December 23, 2019
On December 20 a jury in the UK acquitted two former employees of Guralp Systems Ltd, including its founder and former director, of conspiracy to make corrupt payments. This followed an acquittal two days earlier of the former finance chief of the company.… Continue Reading
Here’s the ‘agent’ instruction from US v. Hoskins
Richard L. Cassin
December 20, 2019
It made sense for Lawrence Hoskins to challenge whether the Foreign Corrupt Practices Act could apply to him. He had worked for Alstom SA, a French company, in Paris. He carried a UK passport and said he never set foot in the United States.… Continue Reading
Eight need-to-know compliance takeaways from Russia this year
Hannes Lubitzsch
December 19, 2019
It has been an eventful year for anti-corruption compliance in Russia. Here are the eight crucial developments companies need to know.… Continue Reading
Twice-dead extractive industries disclosure rule comes back to life
Richard L. Cassin
December 18, 2019
The Securities and Exchange Commission voted Wednesday to propose another version of its rule to require resource extraction issuers to disclose payments to foreign governments for the commercial development of oil, natural gas, or minerals.… Continue Reading
New corruption prosecutor opens 680 investigations
Luis Dantón Martínez Corres
December 18, 2019
In March this year, when the first Chief Anticorruption Prosecutor of Mexico was appointed, few would have bet that within only eight months she would already have 680 cases under investigation.… Continue Reading
Job: General Counsel
The FCPA Blog
December 17, 2019
Job title: General Counsel
Employer: Exabeam
Location: San Mateo, California USA… Continue Reading
Tim Leissner settles FCPA charges with SEC
Richard L. Cassin
December 16, 2019
The former chairman of Goldman Sachs in Southeast Asia settled civil FCPA charges with the SEC Monday for his role in the looting of the Malaysian sovereign wealth fund 1MDB.… Continue Reading
Yikes: Companies still don’t grasp their true corruption risks
Gareth Thomas
December 16, 2019
Businesses are still failing to understand the corruption risks their organizations face and are still struggling to put the right anti-bribery and corruption (ABC) practices in place.… Continue Reading
Why does Scandinavia have so many money laundering scandals?
Jesse Van Genugten
December 13, 2019
A trove of money laundering scandals erupted in Northern Europe this year, tying major financial institutions from all three Scandinavian countries to alleged bribery schemes, attempts to evade U.S. sanctions, and serious regulatory failures.… Continue Reading