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
The World Bank debarred a German construction and engineering company that serves the oil and gas industry Wednesday for thirteen months for a fraudulent practice connected to a project in Myanmar.… Continue Reading
The UK used its new Magnitsky-style law for the first time last week to sanction 47 individuals and two organizations for their alleged involvement in “some of the most notorious human rights violations and abuses in recent years.”… Continue Reading
As Jason Deegan’s post for the FCPA Blog recently reminded us, Transparency International’s Corruption Perceptions Index (CPI) rarely points to major changes from year to year. However, a closer analysis of ratings since 2012 – the year when TI adopted its current methodology for the CPI – may be more revealing.… Continue Reading
The first reports appeared Saturday. They said businesses and individuals in some countries are under pressure to donate to Covid-19 relief charities that have close ties to government officials.… Continue Reading
President Barack Obama issued an Executive Order Friday lifting U.S. sanctions against Myanmar that had been in place for nearly 20 years.
Last month President Obama met in Washington with Myanmar’s leader Aung San Suu Kyi.… Continue Reading
Federal and New York authorities said Wednesday that Deutsche Bank will pay $258 million and fire six senior employees to resolve investigations into thousands of illegal transactions with customers in Iran, Libya, Syria, Myanmar, and Sudan.… Continue Reading
Roger Wilkins AO (Australia) FATF President 2014-2015The U.S. Treasury Department’s Financial Crimes Enforcement Network sets risk-based compliance obligations of U.S. financial institutions. FinCEN directs counter-measures against the countries with the highest risk and enhanced due diligence against others.… Continue Reading
The New York State Department of Financial Services (DFS) Tuesday levied $315 million in penalties against Bank of Tokyo Mitsubishi UFJ (BTMU) for misleading regulators regarding its transactions with Iran, Sudan, Myanmar, and other sanctioned entities.… Continue Reading
Image courtesy of VOA via YoutubePresident Obama will be in Myanmar later this week for the East Asia Summit. A story Thursday by Jane Perlez of the New York Times reminded the president and the rest of the world about the plight of Myanmar’s one million Rohingya people and their victimization by corrupt police and immigration officials.… Continue Reading
The Financial Action Task Force (FATF) identified jurisdictions that have strategic deficiencies in their anti-money laundering and financing of terrorism controls in a public statement Friday.
The FATF is a membership body that sets the global standards for anti-money laundering (AML) and financing of terrorism (FT) programs and controls.… Continue Reading
Myanmar’s opposition leader Aung San Suu Kyi spent the past four days in Singapore, meeting leaders, visiting schools, and putting some distance between herself and the city-state’s model of economic success.… Continue Reading
Indonesia’s Corruption Eradication Commission (KPK) is a winner of this year’s Ramon Magsaysay Award for its ‘relentless and successful’ campaign against corruption.
The Manila-based Ramon Magsaysay Award Foundation confers what’s often called the ‘Asian Nobel Prize.’… Continue Reading
