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
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
The modern view of trauma emerged after 9/11 and crystallized in the wake of the pandemic. It is vastly more expansive than anything that came before it, and that expanded view might just be a problem in itself.… Continue Reading
For three enterprising professors from Georgetown University, the early days of Covid-19 — before the vaccines, when none of us knew what to do outside our homes — created a pristine environment to study how people perceive and handle risk.… Continue Reading
Some time ago, I wrote a post for the FCPA Blog stating that pandemic-related fraud was a ticking time bomb, and that global governments and financial institutions were perched uncomfortably atop this explosive device.… Continue Reading
Quiet quitters, known during prior generations as corporate lifers, survivors, zombies, and burned-out cases, are everywhere, at least judging by their social media presence. They’re what comes next after the Great Resignation — mainly younger corporate workers who stay on the job but do nothing extra, their purpose being to seek a better work-life balance, protect against total burnout, and keep from being exploited.… Continue Reading
This post is about internet censorship. That, ironically, is a prohibited topic under China’s rapidly expanding censorship regime. Because I’ll talk about SEC registrants who warn investors about China’s internet censorship as a risk factor, that’ll likely add to the illegality.… Continue Reading
In 2018, the UK Serious Fraud Office recovered £4.4 million ($6.2 million) from two Chad diplomats who took bribes from Canadian oil company Griffiths Energy in the U.S and Canada. The recovered money was transferred to Chad and used in aid and development programs.… Continue Reading
Two compliance-related facts have emerged since the start of 2021, and they must be related. First, the DOJ’s enforcement priority has shifted to individuals who commit white-collar “corporate” crimes and away from the corporations themselves.… Continue Reading
During the past two years, fear of infection and death, and shutting offices and everywhere else people meet, produced what amounts to a second pandemic: depression. While risks from Covid-19-related disruptions now appear in nearly all SEC registration statements and periodic filings, companies aren’t mentioning risks they face from employee depression.… Continue Reading
There was good news for compliance officers last week. They’re in demand, and their pay is rising. But there was bad news too. In the finance sector, compliance officers feel overworked and underpaid.… Continue Reading
There are bottlenecks everywhere. Chip shortages, missing workers, clogged ports, rising commodity prices, and yes (still), Covid-19. They’re all disrupting or threatening to disrupt supply chains. For compliance officers, it’s a perfect storm.… Continue Reading
The European Investment Bank’s Investigations Division (IG/IN) is mandated to investigate allegations of “Prohibited Conduct” involving EIB Group-financed operations and activities, or allegedly involving members of governing bodies or staff. The IG/IN team include former prosecutors and former law enforcement personnel, forensic accountants, and lawyers.… Continue Reading
The United States reported its first coronavirus death on February 29, 2020. Two weeks later, on March 15, the CDC advised against gatherings of more than 50 people. That started the chain of events that led to widespread lockdowns and nearly universal work-from-home.… Continue Reading