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
China has been mentioned in more than 60 FCPA corporate enforcement actions, including eight in 2019 alone. So FCPA practitioners have long been wary of potential problems there. And yet, with serious recent developments potentially impacting trade and on-the-ground operations, now is a good time to reassess China compliance risks.… Continue Reading
Here’s the FCPA Blog’s list of the 40 biggest Foreign Corrupt Practices Act resolutions of all time.… Continue Reading
Imaging company Analogic Corp. said Wednesday it offered the Securities and Exchange Commission $1.6 million to settle a bribery probe involving the company’s Danish subsidiary.
Massachusetts-based Analogic said it “commenced discussions” with the SEC concerning a resolution of the matter.… Continue Reading
Image courtesy of AvonAvon Products and lawyers representing investors asked a federal judge in New York Tuesday to approve a $62 million settlement in a securities fraud lawsuit that alleged the company and two former officers failed to disclose problems with company’s FCPA compliance in China.… Continue Reading
One of my favorite virtual friends is Dr. Andrea Bonime-Blanc, the CEO and founder of GEC Risk Advisory LLC. While her career and current consulting is wide-ranging, I want to focus on her recent book, The Reputation Risk Handbook, which should be read by any compliance practitioner, senior executive or board member.… Continue Reading
Image courtesy of Mercedes-Benz Fashion WeekFashion Week 2015 begins on February 12 in New York. Compliance will certainly not be on the agenda and the fashion industry has never attracted the kind of regulatory attention “enjoyed” by industries that rely heavily on public sector sales.… Continue Reading
Image courtesy of AvonAvon’s $135 million settlement with the DOJ and SEC earlier this month included a disgorgement to the SEC with interest that ranks 8th on our list of the biggest FCPA disgorgements.… Continue Reading
A China subsidiary of Avon Products Inc. pleaded guilty Wednesday in federal court in Manhattan to one count of conspiring to violate the Foreign Corrupt Practices Act. It will pay a $67.7 million criminal fine and the Avon parent will enter into a three-year deferred prosecution and appoint a compliance monitor.… Continue Reading
A federal court Monday dismissed a securities fraud lawsuit against Avon Products that alleged the company concealed that it didn’t stop bribery in China because doing that would have hurt its business there.… Continue Reading
Beauty products company Avon said Thursday it has “reached an understanding” with the DOJ and SEC for settlement of FCPA offenses.
The company said the resolution will include payment of $135 million for “alleged violations of the books and records and internal control provisions of the FCPA.”… Continue Reading
Avon Products Inc. said in an SEC filing Thursday that the Securities and Exchange Commission offered an FCPA settlement last month with monetary penalties that were ‘significantly greater’ than the $12 million the company had offered.… Continue Reading
Avon Products Inc. said in a quarterly filing Thursday that the DOJ and SEC rejected an offer in June to settle an ongoing FCPA investigation for $12 million and have not yet made any counter offers.… Continue Reading
