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
Earlier this month, telecom giant Ericsson agreed to resolve breaches of its 2019 FCPA DPA by paying $206.7 million in new penalties and pleading guilty to charges deferred by the DPA — one count of conspiracy to violate the FCPA anti-bribery provisions and one count of conspiracy to violate the internal controls and books and records provisions.… Continue Reading
At the gatehouse, the security guard passed me a Novartis visitor’s badge, and I turned to walk down Fabrikstrasse – the campus’ central boulevard. Two thoughts popped into my head: I think I’m too early (I was) and I hope these people are friendly (they were).… Continue Reading
In March 2019, Russia’s biggest mobile phone company paid $850 million in penalties to the DOJ and SEC to resolve FCPA violations and entered into a two-year deferred prosecution agreement. Last week, the company agreed to extend the DPA by a year.… Continue Reading
Corruption is universal, but nowhere is it the same. Its diverse manifestations both produce, and are produced by, varied landscapes of law, culture, business, and politics. This is why we depend on anti-corruption commentary from a wide array of sectors and jurisdictions.… Continue Reading
Deutsche Bank AG agreed Friday to pay the DOJ and SEC $122.9 million in penalties and disgorgement to resolve FCPA offenses in China, Italy, Abu Dhabi, and Saudi Arabia.… Continue Reading
On its face, the Section 7 “Failure to prevent bribery” corporate offense under the UK Bribery Act 2010 extends to bribes paid where there is some kind of UK nexus and so has a potentially broad reach.… Continue Reading
The UK Serious Fraud Office (SFO) recently published a chapter from its internal Handbook on how it engages with companies seeking to enter into a Deferred Prosecution Agreement (DPA).… Continue Reading
The UK Serious Fraud Office published a chapter Friday from its internal Operational Handbook that offers “comprehensive guidance” on how it approaches Deferred Prosecution Agreements (DPAs), and how it “engages with companies where a DPA is a prospective outcome.”… Continue Reading
The U.S. Treasury Department’s Office of Foreign Assets Control used a settlement agreement Thursday to set out management’s role in creating and running an effective sanctions compliance program.… Continue Reading
As part of Airbus’ $4 billion global settlement last month with U.S., UK, and French authorities, the company agreed to reimburse costs the UK Serious Fraud Office incurred during its investigation.… Continue Reading
On December 20 a jury in the UK acquitted two former employees of Guralp Systems Ltd, including its founder and former director, of conspiracy to make corrupt payments. This followed an acquittal two days earlier of the former finance chief of the company.… Continue Reading
The chairman of the U.S. Securities and Exchange Commission, Jay Clayton, chose a speech in September to the Economic Club of New York to argue that when it comes to enforcement of anti-corruption laws, the United States is “acting largely alone.”… Continue Reading
