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
As I look back over the FCPA developments from 2020, one thing stands out: the DOJ and SEC continue to demand robust compliance controls. In some cases, the agencies reinforced long-standing expectations, and severely punished companies that strayed from them –something old.… Continue Reading
For the FCPA community (and the entire human race), 2020 was a You’ve-Got-to-be-Kidding-Me year. But for our top stories, let’s jump past the pandemic and straight to the FCPA, and more specifically to three aspects of enforcement — the Good, the Bad, and the Missing.… Continue Reading
With Goldman Sachs’ $3.3 billion settlement, we see the failure of a sophisticated and influential financial institution to maintain strong internal controls. How did it happen? Here are the five biggest takeaways every company in any industry can benefit from.… Continue Reading
The DOJ and SEC Thursday imposed $3.3 billion in financial penalties against Goldman Sachs Group Inc. and a Malaysia subsidiary to resolve FCPA charges related to Malaysian sovereign wealth fund 1Malaysia Development Berhad.… Continue Reading
A court in Malaysia convicted former Prime Minister Najib Razak Tuesday on seven counts for looting the sovereign wealth fund 1Malaysia Development Berhad, including money laundering, abuse of power, and criminal breach of trust.… Continue Reading
Both the Financial Times and Fortune named Billion Dollar Whale the Best Book of 2018. It’s the story of how Goldman Sachs helped Jho Low steal more than $5 billion from the Malaysian sovereign wealth fund, 1MDB.… Continue Reading
Academy Award winning actor Leonardo DiCaprio appeared covertly before a Washington, D.C. grand jury to testify as part of the DOJ’s investigation into the looting of Malaysian sovereign wealth fund 1MDB.… Continue Reading
The Monetary Authority of Singapore (MAS) today banned former Goldman Sachs banker Tim Leissner for life after his plea deal with the U.S. Justice Department admitting his role in the 1MBD scandal. … Continue Reading
Last week the transcript from Tim Leissner’s August 28 plea hearing was unsealed and posted online, courtesy of the Financial Times.
Mr. Leissner was a managing director of Goldman Sachs and chairman of its Southeast Asia operations.… Continue Reading
The $250 million super yacht once belonging to 1MDB fugitive Low Taek Jho docked in Malaysia Tuesday.
The Equanimity arrived at Malaysia’s Port Klang flanked by Malaysian navy boats. Images and videos of the vessel appeared on Twitter the same day.… Continue Reading
Low Taek Jho is being hunted by governments around the globe for his role in the $4.5 billion looting of Malaysia’s sovereign wealth fund, 1MDB.
Jho Low, as he’s often called, is a 36-year-old Malaysian who’s sought by U.S.,… Continue Reading
