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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

Parker Drilling in $15.85 million settlement

Houston-based Parker Drilling Company resolved Foreign Corrupt Practices Act charges Tuesday for bribes paid to Nigerian officials through an agent to circumvent customs and tax laws.

Parker agreed to pay the DOJ a criminal penalty of $11.76 million.… Continue Reading

India contagion spreads to beer maker InBev

Anheuser-Busch InBev said this week the SEC is investigating its India joint venture for possible FCPA violations.

The Belgium-based beer company said in an SEC filing it is ‘investigating the conduct in question and cooperating with the SEC.’… Continue Reading

Magyar Telekom execs lose motion to dismiss

A federal district court in New York City issued an order Friday denying a motion to dismiss a civil FCPA enforcement action against three executives of Magyar Telekom Plc.

In December 2011, the SEC sued Elek Straub, Andras Balogh, and Tamas Morvai for FCPA violations.… Continue Reading

Allianz in $12.4 million settlement with SEC

The Securities and Exchange Commission said Monday it has resolved an FCPA enforcement action against Germany-based insurance and asset management company Allianz SE.

The company paid the SEC a total of $12.4 million to settle an out-of-court administrative proceeding.… Continue Reading

Total SA heads for the top ten

French oil giant Total SA said in its third quarter results it has reserved $398 million for an FCPA settlement with the DOJ and SEC.

U.S. enforcement agencies have been investigating Total’s operations in Iran since 2003.… Continue Reading

Avon keeps no secrets from the feds

In its disclosure yesterday, Avon provided a glimpse into what it means to be cooperating with the DOJ and SEC.

Avon is deep into a huge global investigation about FCPA compliance that so far has cost the company more than $280 million.… Continue Reading

Compliance Officers Troubled By Third-Party Risk

A new FCPA study from Kroll (a sponsor of the FCPA Blog) found that the majority of corporate compliance officers at U.S. multinationals believe they’re exposed to bribery risk and fall short on best practices when it comes to third party screening, facilitating payments, and political donations.… Continue Reading

The SFO’s Red Flags

The U.K.’s Serious Fraud Office has a neat list of ‘red flags’ on its site. But they’re not called ‘red flags.’ That term is apparently an Americanism.

The SFO’s list of ‘corruption indicators,’ it says, is ‘not exhaustive and the ingenuity of those involved in corruption knows no bounds!’… Continue Reading

A Short Benchmarking Quiz

Of the more than 100 organizations participating in the Anti-Corruption Compliance Program Benchmarking Survey conducted by Kaplan & Walker LLP and the FCPA Blog, what do you think is the approximate percentage of respondents that:

1.… Continue Reading