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
Corruption can no longer be addressed as a legalistic or compliance issue by executives and directors. Nor is it enough to regard it as an ethical issue. Righteousness is not and will never be a guarantee for directors and executives.… Continue Reading
2017 proved to be a blockbuster year for the FCPA and anti-bribery and corruption (ABC) enforcement at large.
From sustained record levels of enforcement (some 11 penalties levied, totaling $1.92 billion; the second largest year on record) to significant developments via the newly announced FCPA Corporate Enforcement Policy by the Department of Justice in late November, businesses are on notice that this remains a significant regulatory priority.… Continue Reading
The arrest of Hong Kong’s former home secretary, Patrick Ho, and a co-defendant for allegedly bribing Africa officials on behalf of a Chinese energy company, has triggered accusations that America uses FCPA enforcement to promote a political agenda.… Continue Reading
Official White House PhotoThe White House yesterday released a national security paper defining U.S. interests and affirming the fight against corruption as a cornerstone of American foreign policy.
The December 2017 National Security Strategy (pdf) said corruption weakens government institutions and allows terrorists and criminals to thrive.… Continue Reading
At a recent ubiquitous FCPA conference, Assistant Attorney General Leslie Caldwell noted that even more resources would be added to the Fraud Section’s FCPA Unit, increasing the number of prosecutors by 50% from 20 to 30 trial attorneys, making this specialty unit larger than the entire white collar sections of most United States Attorneys’ Offices nationwide.… Continue Reading
President Barack Obama issued a National Security Strategy Friday, the first one since 2010 and only the second from his administration.
The NSS is important. It sets the agenda for the executive branch of the government — the DOJ and SEC, the State Department, the Commerce Department, the Treasury Department, and so on — and it signals foreign policy priorities to Congress.… Continue Reading
Innovative uses of anti-corruption laws to fight terrorists and tyrants and companies that help them is the subject of a breakthrough article published this week by the Wharton School of the University of Pennsylvania.… Continue Reading
A prominent NGO in Nigeria recently asked the SEC’s Enforcement Division to establish a process enabling foreign government entities victimized by FCPA violations, on a case-by-case basis, to apply for some or all of the civil penalties and disgorgement proceeds companies agree to pay to settle SEC investigations.… Continue Reading
In a policy shift that could lead to the international arrest and trial of kleptocrats, the White House last week said it views widespread corruption as a violation of basic human rights and is working to advance that view globally.… Continue Reading
