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
Job Title: Director, Affiliate Compliance
Employer: Biogen Idec
Location: Tokyo, Japan
Description
The Director, Affiliate Compliance Officer (“ACO”), is a core member of the local leadership teams for the supported Affiliates.… Continue Reading
While many people don’t know it, a bribery scandal in Japan in 1976 was part of the motivation for the Foreign Corrupt Practices Act, which was signed into law in the United States on December 19, 1977.
A former Deutsche Bank salesman who described systematic bribery in the sale of bank services to pension funds was given a suspended prison sentence Wednesday by a Tokyo judge.
Shigeru Echigo received a 10-month prison sentence, suspended for three years.… Continue Reading
Ga Sai Gon railway station, courtesy of Wikipedia Prosecutors in Tokyo said Tuesday they’re charging three former top executives of a local company for alleged bribery involving railway projects in Vietnam that received Official Development Assistance (ODA).… Continue Reading
Japan has not done enough to combat money laundering, an international watchdog said on Friday, urging the government to adopt measures such as legislation that criminalizes terrorist financing.
The Financial Action Task Force (FATF) in Paris referred to its 2008 report on Japan, which highlighted deficiencies such as a lack of internal controls among financial institutions to prevent and detect illicit money transfers, Reuters reported on Saturday.… Continue Reading
The Group of 20 members represent around 85 per cent of the world’s gross domestic product, over 75 per cent of global trade, and two-thirds of the world’s population.
In 2010, the G20 formed an Anti-Corruption Working Group with an action plan.… Continue Reading
A group of Japanese lawyers is setting up a rating service to evaluate investigations on corporate scandals, hoping to move Japanese companies away from the third-party panels they typically hire and that appear to lack objectivity.… Continue Reading
Job Title: Senior Manager, Global Anti-Corruption
Employer: American Express
Location: Singapore
Description
This position will join the Compliance & Ethics team responsible for the day to day management, development, growth and maintenance of American Express’s Global Anti-Corruption Program.… Continue Reading
Country: Japan
Company Involved: Deutsche Bank AG
Industry: Banking and securities
Individuals: Shigeru Echigo, a director of Deutsche Securities Inc. and a former Mitsui pension executive, Yutaka Tsurisawa
Enforcement Action: Arrests
Summary:
Shigeru Echigo, 36, a director of Deutsche Bank AG’s Japanese brokerage unit and its pension solution sales department was arrested Thursday on suspicion of bribery.… Continue Reading
Park-Ohio Industries Inc. said on Thursday that a third-party payment on its behalf to tax authorities may have violated the Foreign Corrupt Practices Act.
The subsidiary of Park-Ohio Holdings Corp. said in its latest quarterly filing with the Securities and Exchange Commission that it received a subpoena from the SEC in August.… Continue Reading
A third senior U.S. Navy officer has been arrested in a widening bribery investigation and overbilling probe involving a Singapore company.
Navy Commander Jose Luis Sanchez was arrested Wednesday in Florida, the DOJ said.… Continue Reading
A senior executive from a major parts supplier of Toyota has been arrested in Japan for violating that country’s Unfair Competition Prevention Law.
Takehisa Terada, former senior managing director with Futaba Industrial Co.… Continue Reading
