Slovenia v. the FCPA Blog: What’s up with that?
Harry Cassin
November 1, 2019
This past week 1,324 attacks against the FCPA Blog website were blocked. We try not to take it personally.… 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
Costa Rica imposes corporate criminal liability, compliance program requirements
Sergio Herra
September 19, 2019
Costa Rica recently strengthened its anti-corruption regime for the first time since 2005 by imposing corporate criminal liability for all corruption offenses and setting out the basic elements that a compliance program must have in order to obtain a reduction of the criminal fine.… Continue Reading
Olympus pays DOJ $22.8 million to resolve Latin America FCPA offenses
Richard L. Cassin
March 1, 2016
Olympus Corporation of the Americas said Tuesday it settled two separate U.S. investigations, including one involving Foreign Corrupt Practices Act offenses.
The company’s Latin America unit agreed to pay $22.8 million to resolve criminal allegations that it violated the FCPA.… Continue Reading
Italian cleaning mogul arrested for corruption
Richard L. Cassin
February 5, 2014
An Italian businessman who built a $350 million empire on cleaning contracts and industrial maintenance was arrested in Spain on charges embezzlement, bankruptcy fraud, money laundering, and tax offenses.
Giovanni De Pierro controlled nearly 100 companies, 174 pieces of real estate, 32 vehicles, and two large yachts, the Organized Crime and Corruption Reporting Project said Monday.… Continue Reading
U.S. judge tosses Pemex claims against Siemens, SK Engineering
Richard L. Cassin
August 2, 2013
A U.S. federal judge Tuesday threw out a civil lawsuit filed Mexico’s state-owned oil company Pemex against Siemens AG and a South Korea’s SK Engineering that alleged bribes to Pemex officials.… Continue Reading
Wal-Mart’s Victims Part X: Who Are the Actual Victims?
Andy Spalding
May 21, 2013
We saw in yesterday’s post that awarding restitution to the governments whose employees accepted (or solicited) the bribes doesn’t quite work.
But can’t we think of a workaround? Can we somehow bypass the government?… Continue Reading
Wal-Mart’s Victims Part IX: Are Host Governments Victims or Perpetrators?
Andy Spalding
May 20, 2013
I’ve argued in this series (see links to the prior posts below) and in this paper that FCPA enforcement should benefit the victims of bribery — namely, the citizens of the countries in which the bribery occurs.… Continue Reading
Alcatel sales exec convicted in Malaysia
Richard L. Cassin
March 5, 2013
An account executive with Alcatel Malaysia was sentenced to two years in prison and fined about $40,000 last week after being convicted in a Kuala Lumpur court of bribing a procurement official at state-owned Telekom Malaysia Berhad.… Continue Reading
ICE appeals victim rights case to Supreme Court
Thomas Fox
December 3, 2012
As reported by the FCPA Professor last week, Costa Rica’s Instituto Costarricense De Electricidad (ICE) filed a Petition for Writ of Certiorari in the U.S. Supreme Court in November.
In its Petition, ICE asks the following question, “Whether a crime victim who is denied rights conferred by the federal Crime Victims’ Rights Act has a right to directly appeal the denial of those rights?”… Continue Reading
‘Carbon copy prosecutions’ change the rules of the game
Richard L. Cassin
November 9, 2012
A recent University of Chicago Legal Forum article looks deep into an important new enforcement trend — duplicative enforcement actions in multiple countries.
The article — ‘Carbon Copy” Prosecutions: A Growing Anticorruption Phenomenon in a Shrinking World’ — was written by T.… Continue Reading
For France, mixed grades in the battle against bribery
Philip Fitzgerald
November 7, 2012
The Palais de Justice, located in the Ile de la Cite in central ParisThe OECD Working Group on Bribery has published its latest assessment on France’s fight against overseas graft.… Continue Reading
Aon Pays $16.2 Million In Settlement
Richard L. Cassin
December 20, 2011
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