Johnson & Johnson discloses new FCPA investigation
Harry Cassin
July 27, 2020
Consumer health giant Johnson & Johnson said Friday it is “responding to inquiries” from the DOJ and SEC about the Foreign Corrupt Practices Act.… Continue Reading
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
Alexion Pharmaceuticals pays SEC $21.4 million to resolve FCPA offenses
Richard L. Cassin
July 2, 2020
Connecticut-based Alexion Pharmaceuticals, Inc. agreed to pay $21.4 million to resolve SEC charges that the company violated the FCPA by bribing foreign officials in Turkey and Russia, and failing to maintain accurate books and records at subsidiaries in Brazil and Colombia.… Continue Reading
Yes, let’s use FCPA enforcement proceeds to fund overseas anti-corruption initiatives
Andy Spalding
June 11, 2020
Call it fragmented supply-side enforcement. It’s where we are now in the historical development of anti-bribery enforcement. If you believe that anti-bribery enforcement should reduce global corruption, then this is a major problem.… Continue Reading
New Brazil bank regulations require significant compliance changes
Fabiana Muniz Lima
May 20, 2020
In October, new regulations from the Brazilian Central Bank will go into effect targeting the prevention of the use of the financial system for money laundering, terrorist financing, the proliferation of weapons of mass destruction, and suspicious transaction reporting.… Continue Reading
IDB debars Brazilian conglomerate for $60 million kickback scheme
Harry Cassin
April 27, 2020
The Inter-American Development Bank (IDB) announced Friday the 37-month debarment of Andrade Gutierrez Engenharia S.A. and eleven subsidiaries for bribing public officials in connection with four IDB-financed projects in Brazil.… Continue Reading
Brazil moves closer to (small) whistleblower rewards
Lucas Maragno
February 13, 2020
Whistleblowing laws have been implemented by many jurisdictions to increase the quantity of reports on cases against corruption, fraud, misconduct and other illegal activities. Similar strategies are currently under debate in Brazil, a country that is trailing other OECD members in the protection of whistleblowers.… Continue Reading
Compliance Alert: Expensive watches raise red flags
Harry Cassin
January 8, 2020
One luxury item is showing up more often in alleged graft-related asset seizures: wrist watches, especially the high-end variety with eye-watering price tags.… Continue Reading
New List: The FCPA Top 40
Richard L. Cassin
December 12, 2019
Here’s the FCPA Blog’s list of the 40 biggest Foreign Corrupt Practices Act resolutions of all time.… Continue Reading
Samsung Heavy Industries pays $75 million to resolve FCPA offenses
Richard L. Cassin
November 25, 2019
One of the world’s biggest shipbuilders agreed Friday to pay $75 million in total penalties to resolve criminal FCPA offenses in Brazil.… Continue Reading
Former Braskem CEO charged with FCPA and money laundering conspiracies
Richard L. Cassin
November 21, 2019
The DOJ unsealed an indictment Wednesday charging the former chief executive officer of Braskem S.A. with helping his company and Odebrecht S.A. amass a giant slush fund and use it to bribe officials and political parties in Brazil.… Continue Reading
Former Keppel lawyer sentenced to time served
Richard L. Cassin
November 18, 2019
The former lawyer at Keppel Offshore & Marine who helped the DOJ prosecute his ex-employer for FCPA violations in Brazil was sentenced Friday to time served and probation.… Continue Reading
World Bank debars engineering firm for obstructing investigation
Harry Cassin
November 13, 2019
The World Bank debarred a Portuguese engineering services company Wednesday for 12 months for “fraudulent and obstructive practices” involving a project in Brazil.… Continue Reading