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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

Search Results for:  – Page 89

FCA doubles raids in UK crackdown

The number of dawn raids conducted by the Financial Conduct Authority (FCA) has almost doubled over the past year, from 13 in 2017 to 25 in 2018. Admittedly, 25 is not a huge number but the increase is certainly a significant one. Yet perhaps the real news lies in the reasons behind the increase in raids — and what results from them.

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In Nordic companies, it’s not common to speak up

A recent survey by the Nordic Business Ethics Network into how 1,500 employees in Finland, Norway and Sweden, perceive ethics at their workplaces reveal that over 90 percent value an ethical working place higher than a salary increase or a promotion. Despite this, over 80 percent have witnessed unethical behavior at their workplace during the last year. 

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New DOJ guidance on corporate compliance programs focuses on results

The Criminal Division of the DOJ published expanded guidance on April 30 discussing the factors prosecutors should use to determine whether a company under investigation for misconduct will be regarded as having an effective compliance program. The April guidance builds on and amplifies the DOJ’s February 2017 list of questions and criteria for corporate compliance programs. 

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Extending the reach of management’s commitment to compliance

U.S. regulators responsible for enforcing the FCPA have said they often encounter companies with compliance programs strong on paper but weak in practice. The prosecutors sometimes cite management’s failures of omission or, worse, of actively conspiring to circumvent a program.

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SEC awards joint whistleblowers $3 million

The Securities and Exchange Commission awarded two whistleblowers $3 million Monday for providing a tip that led to a “successful enforcement action involving an alleged securities law violation that impacted retail investors.”

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Does FCPA guilty plea signal new trouble for Citgo?

Last week Dick Cassin reported on the FCPA Blog yet another guilty plea in the ever ongoing PDVSA corruption scandal. As Cassin noted, “Jose Manuel Gonzalez Testino (Gonzalez), 49, of Miami, Florida, pleaded guilty in federal court in Houston to one count of conspiracy to violate the Foreign Corrupt Practices Act, one count of violating the FCPA, and one count of failing to report foreign bank accounts.”

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