News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
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
Bill Steinman
Contributing Editor
Airbus SE paid $4 billion (€3.6 billion) to settle global bribery and trade charges with French, UK, and U.S. authorities Friday after an eight-year investigation triggered by a British whistleblower.… Continue Reading
The International Anti-Corruption Academy in Austria is now accepting applications for its two master’s programs: the Master in Anti-Corruption Studies (MACS) and the International Master in Anti-Corruption Compliance and Collective Action (IMACC). … Continue Reading
Bill Steinman recently wrote a post for the FCPA Blog about compliance risks in offset obligations. I’d like to continue that discussion, this time with some information about international cooperation to clean up offset transactions, and how the U.S.… Continue Reading
Singapore demonstrates a strong anti-money laundering and counter financing of terrorism (AML/CFT) legislative framework but despite this, it shows significant weaknesses in its effective implementation, according to a recent review by the Financial Action Task Force. … Continue Reading
We spoke last week with Zach Abramowitz, a columnist for Above the Law. The topic was the DOJ’s failed attempt to extradite Ukrainian oligarch Dmytro Firtash from Austria.
The DOJ charged him and others in an $18 million bribe plot to win mining rights in India.… Continue Reading
Screen capture from Euro News via YoutubeAn Austrian court Thursday refused to extradite a pro-Russia Ukrainian energy magnate to the U.S., saying FCPA and related charges against him were politically motivated.… Continue Reading
Prosecutors in Munich confirmed Wednesday that Airbus is under investigation for bribery connected with border security contracts in Romania and Saudi Arabia.
Several employees of Airbus Defence and Space, formerly EADS, are the targets of the investigation.… Continue Reading
For the tenth year in a row, Transparency International (TI) has assessed enforcement of the OECD Anti-Bribery Convention (the Convention) and the results are disheartening.
The Convention is important for curbing foreign bribery because its forty one signatory countries collectively account for approximately two-thirds of world exports.… Continue Reading
Gate to the garage yard in the Mauthausen concentration camp (Courtesy of Wikipedia)
Martin is the amazing young man who took me on my tour. He did his year of national service at the former Nazi concentration camp, mostly giving tours.… Continue Reading
Two former executive directors of Austria’s state-owned banknote printer pleaded guilty during a criminal trial in Vienna for a conspiracy to win business by bribing officials in Syria and Azerbaijan.
Michael Wolf and Johannes Miller were given two-year suspended jail sentences, the Local (Austria) said Friday.… Continue Reading
A Russia subsidiary of Palo Alto-based Hewlett Packard Company pleaded guilty Thursday in federal court in San Francisco to conspiracy and substantive violations of the anti-bribery and accounting provisions of the Foreign Corrupt Practices Act.… Continue Reading
Hewlett-Packard’s $108 million FCPA settlement last week included a guilty plea by its Russia subsidiary to two felonies for conspiracy and substantive violations of the anti-bribery and accounting provisions of the FCPA.… Continue Reading