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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

When do issuers disclose their FCPA problems?

During the first half of 2018, seven issuers resolved FCPA offenses with the the DOJ or SEC or both. When did the companies first learn about their potential FCPA offenses, (according to their own disclosures), when did they first disclose the potential offenses, and when did they finally resolve the offenses with the feds?… Continue Reading

Report: Microsoft sales practices in Hungary under investigation

The Wall Street Journal reported Thursday that the DOJ and SEC are investigating potential bribery and corruption involving the sale of Microsoft products in Hungary.

Microsoft said in a statement to the Journal that it “moved quickly to investigate itself after it became aware of ‘potential wrongdoing’ at its Hungarian operations in 2014.”… Continue Reading

Glencore chairman leads bribery investigation

Glencore Chairman Tony HaywardThe chairman of Swiss-headquartered mining company Glencore plc and two other directors formed a new committee to respond to the DOJ’s subpoena related to compliance with the FCPA and money laundering laws.… Continue Reading

Beam Suntory pays $8 million to resolve FCPA offenses

Chicago-based spirits maker Beam Suntory Inc. agreed Monday to pay more than $8 million to resolve Foreign Corrupt Practices Act charges for improper payments by its Indian subsidiary.

Beam resolved the SEC’s civil charges without admitting or denying the allegations.… Continue Reading

FCPA enforcement report for Q2 2018

During the second calendar quarter, there were five corporate FCPA enforcement actions.

The settling companies paid a total of $985 million for the resolutions.

SocGen’s $585 million settlement grabbed a spot on our list of the biggest FCPA cases.… Continue Reading

Investigations Report for Q1 2018

During the first calendar of 2018, six companies disclosed new FCPA-related investigations, and investigations ended for five companies.

The six new investigations involve companies from the following industries:

  • Chemicals
  • Defense Technology
  • Banking
  • Security and Inspection Systems
  • Engineering and Construction
  • Mining

During Q1 2018, five investigations ended, according to FCPA Tracker.… Continue Reading