News and commentary about white-collar crime, enforcement, and compliance
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
During the second calendar quarter — amid the Covid-19 lockdown — there were two corporate FCPA enforcement actions. For comparison, during the second calendar quarter last year, there were three corporate FCPA enforcement actions, and during Q2 2018, there were five corporate FCPA enforcement actions.… Continue Reading
Only yesterday they were pimply FCPA nerds. But a strange thing happened. They morphed into the cool kids.
Today’s compliance officers are famous and wanted.
Here’s some evidence.
The White House commuted ZTE’s corporate death sentence by arranging to embed hand-picked compliance officers in the outlaw Chinese company.… Continue Reading
Argentina’s new law that creates corporate liability for bribery came into effect on March 1. Here are five things to know about Law 27.401 and how it impacts a compliance program.… Continue Reading
A former Siemens AG executive pleaded guilty Thursday to conspiring to pay tens of millions of dollars in bribes to Argentine government officials for a $1 billion contract to create national identity cards.… Continue Reading
The World Bank Thursday debarred three construction companies for 18 months for “knowingly misrepresenting work progress” during a bank-funded project in Argentina.
Gavinor, S.R.L., J.C. Segura Construcciones S.A., and their joint-venture, Constructura J.C.… Continue Reading
In the prior post, we talked about the new law in Argentina that will enter into force in March 2018 that creates corporate liability for bribery. The post covered the coverage and application of the new law, which offenses trigger corporate liability, standards of liability, and defenses.… Continue Reading
On December 1, the Argentine government enacted Law 27.401, which will enter into force in March 2018. We were deeply involved in the drafting and debate of the statute. In this post and the next one, we’ll summarize some of the key features of the new law.… Continue Reading
A former Siemens executive indicted by the DOJ in 2011 for bribing officials in Argentina pleaded not guilty in federal court in New York City Friday.
Eberhard Reichert, 78, a German citizen, was released on bond of $500,000.… Continue Reading
The Argentine Congress approved a new law last month that criminalizes corporate bribery and corruption and imposes requirements for compliance programs.
The new law also sets out rules for reaching settlements with the authorities in bribery investigations.… Continue Reading
IBM said in an SEC filing that the DOJ and SEC have closed their FCPA investigations into transactions in Argentina, Bangladesh, Poland, and Ukraine.
The U.S. investigations started in early 2012 when IBM notified the SEC of a probe by the Polish Central Anti-Corruption Bureau.… Continue Reading
A former managing director of Julius Baer pleaded guilty Thursday to a money laundering conspiracy in the DOJ’s prosecution of corruption in soccer’s international governing body.
Jorge Luis Arzuaga, 56, appeared in federal court in Brooklyn.… Continue Reading
Argentina is experiencing a political and economic renaissance that’s drastically changing its business landscape. There’s a new focus on open markets, transparency and accountability in both the public and private sectors.… Continue Reading