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
Job Title: Chief Compliance Officer – U.S.
Employer: Aon Corporation
Location: Chicago, Illinois USA
Description
To oversee the company’s U..S compliance program, which operates to prevent, detect and investigate misconduct that could cause criminal, reputational or regulatory harm to Aon, ensuring it is properly resourced based on geography and risk.… Continue Reading
The UK’s Financial Conduct Authority (FCA) fined Besso Limited £315,000 ($520,000) for its failure to take reasonable care to establish and maintain effective systems designed to prevent and detect bribery and corruption risks.… Continue Reading
Samuel Rubenfeld of the Wall Street Journal said this week that Avon is talking to the DOJ and SEC about settlement. The company has already spent about $280 million on its internal investigation, Rubenfeld said.… Continue Reading
Nearly half of Vietnam’s companies said they have had to bribe officials in order to do business, according to a survey released last month by the Vietnam Chamber of Commerce and Industry.… Continue Reading
Aon Corporation, one of the biggest insurance brokerage firms in the world, agreed today to resolve FCPA charges with the DOJ and SEC.
It will pay a $1.76 million criminal penalty to the DOJ and $14.5 million in disgorgement and prejudgment interest to the SEC.… Continue Reading
Here’s a list of fines paid overseas for bribery by companies that have settled FCPA enforcement actions.
There may be others but these are what a friend of the FCPA Blog has found so far.… Continue Reading
By Eoin O’Shea
Bribery offences in the UK are mostly policed by the Serious Fraud Office and, sometimes, the City of London Police, between whom there is a significant amount of cooperation.… Continue Reading
We don’t know how many of the 50 or so disclosed and pending Foreign Corrupt Practices Act investigations will be resolved this year. But here are some we’re watching:
Alcoa. In February 2008, government-owned Aluminum Bahrain BSC (Alba) accused its long-time U.S.… Continue Reading
A couple of months ago, guest-blogger Scott Moritz talked about risk-based compliance. His post, we now see, was prophetic. Why? Because just last week, when Aon settled an enforcement action with the U.K.’s… Continue Reading
The U.K.’s Financial Services Authority said yesterday that it has fined Aon Ltd £5.25 million ($8.05 million) for failing to recognize and control the risks of overseas payments being used as bribes.… Continue Reading
We’re always thankful for Fridays, of course, but today ranks above others. Finally we can say goodbye to October 2008 — a month that changed the world. We asked a friend for a favor last week.… Continue Reading
