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
[…] for contracts worth $6 billion to build liquefied natural gas facilities there. KBR’s 2007 Annual Report (its most recent) described a joint venture called TSKJ “formed to design and construct large-scale projects in Nigeria. TSKJ’s members are Technip, SA of France, Snamprogetti Netherlands B.V., which is a subsidiary of Saipem SpA of Italy, JGC […]
[…] came back from North Korea in pretty rough shape emotionally,” Prince told the Daily Beast. “The pressure that was put on him to be a combination ‘super human’ political figure and ‘fixer’ got the better of him,” Prince said. _____________ Richard L. Cassin is the publisher and editor of the FCPA Blog. He can […]
[…] a suit filed September 12 in federal court in Miami by Carlos Moran and his family. They’re asking for at least $100 million in damages based on human rights violations. Named as defendants were Siemens AG and a subsidiary in Argentina. The suit said the Siemens defendants paid bribes to Argentine officials to help […]
[…] be the department finding the suppliers or signing the contracts with them. It is likely some collection of the procurement, legal, compliance, risk, audit, information technology and human resources departments. These departments must work together to collect the information mentioned above and decide how to proceed with the data in terms of risk, training, […]
[…] we hold dear, everything that you value. They feed organized crime. They gnaw away at nation-states. They take away the legitimacy of a nation-state. They contribute to human trafficking. They discourage honest and accountable investment, and they undermine entire communities,” Kerry said. Nigeria is Africa’s most populous country, with about 185 million people. And […]
[…] penalty and $177 million in disgorgement. Technip, Snamprogetti, KBR, and JGC won contracts through the TSKJ joint venture from Nigeria LNG Ltd. between 1995 and 2004 to design and build LNG facilities on Bonny Island. The contracts were worth more than $6 billion. The joint venture bribed Nigerian government officials to win the work, […]
[…] departments within an organization, and each department with the compliance team, to further BSA/AML compliance efforts. And it underscored the the need for firms to provide adequate human and technological resources to their compliance staff. FinCEN said it was sharpening its focus on the gaming industry, broker-dealers, money services businesses, and other non-bank institutions, […]
[…] management pass the buck. If the company wants certification, it has to do more. ISO 37001 requires proper resourcing for the compliance department — financial resources and human resources, as well as any necessary tools – and real involvement of the C-suite and Board. Moreover, I can think of at least three reasons for […]
[…] lawyers from Advokatfirmaet Selmer DA and commissioned by Sevan’s board focused on how contracts with Petrobras were obtained from 2005 to 2008. Sevan Marine specializes in the design, engineering, and construction of offshore oil and gas projects. It is headquartered in Arendal, Norway and trades on the Oslo stock exchange. Through document reviews and […]
[…] raises the compliance officer’s profile. Compliance is breaking out everywhere. The International Olympic Committee is now obligating host cities and their Olympic organizations to adopt anti-corruption and human rights compliance. The Paris 2024 Olympics committee is relying on a French compliance group, Le Cercle de la Compliance, to create a framework and monitoring system […]
