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
When I talked to groups in Asia about the FCPA, there was always lots of interest, with at least half my podium time devoted to Q&As. But there was one question no one ever asked: “Why is there so little FCPA enforcement against Asian companies?”… Continue Reading
Corruption has long been recognized as one of the most significant barriers to socio-economic growth worldwide, with the developing world being particularly hard hit. The situation has only become worse as a result of the coronavirus crisis.… Continue Reading
The news that Ukraine’s Constitutional Court (UCC) has abolished a law designed to prevent government officials from benefiting from corrupt practices, effectively waves a white flag at those who see public service as a means to line their own pockets.… Continue Reading
News leaked a couple of years ago that China was promoting establishment of the Asian Infrastructure Investment Bank. The AIIB will compete for project funding against the IMF, World Bank, and Asia Development Bank, all seen as being under the thumb of the U.S.,… Continue Reading
Economist Vito Tanzi once said that when rules can be used to extract bribes, more rules will be created. And when more rules appear, more bribes will be needed to bargain down the red tape, and so on.… Continue Reading
French prosecutors Wednesday placed Christine Lagarde, the chief of the International Monetary Fund, under official investigation for negligence in a French corruption investigation that stems from her time as France’s finance minister.… Continue Reading
The International Finance Corporation and the World Bank released their new Doing Business Index this week. It’s the 11th annual report measuring business regulations for local firms — how easy or hard it is to do business in the countries surveyed.… Continue Reading
An aide to Christine Lagarde when she was France’s finance minister was placed under formal investigation for fraud allegedly committed during Lagarde’s time in office.
Stephane Richard, now head of telecoms giant Orange, faces up to ten years in prison and a €1 million fine, according to a report Thursday by AFP.… Continue Reading
Oil-rich Kuwait has its first anti-corruption boss.
Abdulrahman Saleh Al-Namash will chair the country’s new anti-graft agency.
Kuwait — ranked 66 on the corruption perceptions index — recently enacted new anti-corruption legislation.… Continue Reading
A French court has decided not to formally investigate IMF chief Christine Lagarde over her role in a controversial payoff while she was finance minister but did name her as a key witness in the continuing probe.… Continue Reading