Job: Chief Compliance Officer
The FCPA Blog
June 3, 2019
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Job Title: Chief Compliance Officer
Employer: Kabbage Inc.
Location: Atlanta, Georgia USA
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 90
Does FCPA guilty plea signal new trouble for Citgo?
Thomas Fox
June 3, 2019
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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.”
Wanted: Third-party management that’s truly ‘preventive’
Sviatlana Pisaryk
May 31, 2019
2 Comments
Around 90 percent of all FCPA enforcement actions involve third-party intermediaries. So it’s no wonder the DOJ’s updated guidance for evaluating corporate compliance programs devotes an entire section to “Third-Party Management.”
Businessman admits FCPA offenses in Citgo bribe case
Richard L. Cassin
May 30, 2019
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An executive who controlled several U.S.-based companies pleaded guilty Wednesday to bribing officials at subsidiaries of Venezuela’s state energy company.
World Bank debars units of French water treatment company
Harry Cassin
May 29, 2019
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The World Bank Wednesday debarred two subsidiaries of Paris-based Veolia Water Technologies for “fraudulent and collusive practices” involving a project in Colombia.
When it comes to AML, doing better means seeing better
Elsa Chan
May 29, 2019
1 Comment
Once again, AML failures are shaking up the headlines. If the Danske Bank scandal wasn’t enough, at the beginning of March, the Organized Crime and Corruption Reporting Project showed how a series of offshore shell companies were used to move billions of dollars of private wealth from Russia to the West. Named the Troika Laundromat, after the Russian investment bank it was allegedly operated by, the scandal rocked the banking world.
Job: Manager, Collective Action
The FCPA Blog
May 28, 2019
No Comments
Job Title: Manager, Collective Action
Employer: BSR
Location: Copenhagen, Denmark
SCOTUS News: Limits on immunity for Multilateral Development Banks should spur increased anti-corruption efforts
Michael H. Huneke and Ayoka Akinosi
May 28, 2019
No Comments
Earlier this year, the U.S. Supreme Court held that the protections in the International Organizations Immunities Act of 1945 (IOIA) against civil lawsuits in U.S. courts were not absolute. Instead, the immunity provided to international organizations — including Multilateral Development Banks (MDBs) — was no greater than the immunity enjoyed by foreign governments under the Foreign Sovereign Immunities Act.
SEC awards whistleblower $4.5 million
Richard L. Cassin
May 27, 2019
1 Comment
The Securities and Exchange Commission awarded more than $4.5 million to a whistleblower whose tip triggered the company to launch an internal investigation and report the whistleblower’s allegations to the SEC and another agency.
The importance of setting a good compliance example
Thomas Fox
May 24, 2019
3 Comments
Former U.S. Attorney for the Southern District of New York Preet Bharara (Image from YouTube)Preet Bharara gave the morning keynote at the second day of Compliance Week 2019. It was interesting because rather than a speech he did so with a one-hour Q&A format with Allen & Overy partner Gene Ingoglia facilitating the session through the role of the questioner.