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
Image courtesy of FlowserveTexas-based Flowserve Corporation said in a securities filing Thursday that it recently received a subpoena from the SEC in an investigation of possible violations of the FCPA.… Continue Reading
SBM Offshore CEO Bruno Chabas (Image courtesy of SBM)SBM Offshore agreed to pay $240 million to Dutch authorities Wednesday to settle allegations that it bribed government officials in Angola, Brazil, and Equatorial Guinea.… Continue Reading
The Securities and Exchange Commission on Friday charged accounting firm KPMG with violating auditor independence rules.
An SEC investigation found that the Big Four firm provided non-audit assistance such as bookkeeping and corporate finance services to the affiliates of companies it was auditing.… Continue Reading
A Dutch in-house lawyer with a law degree but no license isn’t entitled to the attorney-client privilege, a recent federal case held.
In Anwar v. Fairfield Greenwich Ltd, No. 09 Civ.… Continue Reading
German police have raided the offices of a joint venture between EADS and ThyssenKrupp during an investigation of overseas corruption.
The joint venture — Atlas Elektronik — and Rheinmetall Defence Electronics are suspected of paying bribes in Greece in connection with the sale of submarine equipment, the state prosecutor’ office in Bremen said Saturday.… Continue Reading
Last week, the British Labour Party, the main opposition party, published a policy review called ‘Tackling Serious Fraud and White Collar Crime.’
As might be expected, the review throws a number of political punches, in particular, the government’s recent proposals to cut red tape for business, by exempting facilitation payments, and the lack of resources for financial crime enforcement agencies.… Continue Reading
The Anti-Terrorist Department (Department ‘T’) of the Russian Interior Ministry is trying to arrest the American-born head of Hermitage Capital, William Browder, who has conducted a successful global campaign to sanction those involved with the jailing and death of his lawyer, Sergei Magnitsky.… Continue Reading
Image courtesy of WikipediaWilliam Browder, left, the American-born head of London-based Hermitage Capital Management, told Dutch lawmakers last week about developments in the Magnitsky case and the breakdown of the rule of law in Russia, according to a statement issued by Hermitage.… Continue Reading
The expansion of the Wal-Mart investigation into India proves that history is indeed circular. These developments seem to be the early 1970s all over again, and that can’t be good for Wal-Mart.… Continue Reading
George McGovern (July 19, 1922 – October 21, 2012)George McGovern, the former senator who died this weekend at 90, ran against Richard Nixon for the presidency in 1972. McGovern lost in one of the country’s most lopsided elections.… Continue Reading
Following the human stories of FCPA enforcement can be humbling for otherwise proud Americans.
This week, Albert “Jack” Stanley reported to federal prison for, inter alia, his role in paying $182 million in bribes to Nigerian officials.… Continue Reading
The leader of the Dutch government has refused to open a new investigation into the role played by Prince Bernhard in the Lockheed scandal that broke in 1976.
The head of the left-wing liberal D66 party, Alexander Pechtold, asked for ‘a commission of historians .… Continue Reading
