How the surge of global uncertainty undermines compliance
It’s not just your company where it’s happening. It’s every company, everywhere, all at once, and it’s undermining compliance. What is it? Uncertainty. … Continue Reading
It’s not just your company where it’s happening. It’s every company, everywhere, all at once, and it’s undermining compliance. What is it? Uncertainty. … Continue Reading
We already talked about some of the biggest compliance and enforcement stories from the year just ended. Here are five more.
Four of these stories show how compliance failures can instantly damage even the world’s best-known brands, that size and power can’t always protect a company or individual, and that in today’s interlocked global economy, graft scandals can spread like a virus.… Continue Reading
During the first calendar quarter, there were two corporate FCPA enforcement actions — both through SEC administrative orders — and one individual resolution.
(Last year in Q1 there were two corporate enforcement actions and two individual Siemens-related actions).… Continue Reading
Rupert Murdoch’s 21st Century Fox Inc. and News Corp said Monday they won’t be prosecuted by the DOJ for hacking voice mails or making payments to public officials in the UK.… Continue Reading
A recent post on FCPA Blog about various ongoing investigations into alleged corrupt practices at GlaxoSmithKline in at least five countries included a quote attributed to GSK that the company has “zero tolerance for unethical or illegal behavior.”… Continue Reading
Rebekah Brooks, the former head of Rupert Mudoch’s News Corp. in Britain, was acquitted Tuesday of phone hacking, bribery, and other charges by a London jury after a seven-month trial.
Andy Coulson, a former tabloid editor there, and previously a media advisor to Prime Minister David Cameron, was found guilty of one count of hacking.… Continue Reading
A covert recording from March seems to capture News Corporation chairman Rupert Murdoch suggesting that bribery is part of the Fleet Street culture.
The tape was made during a visit by Murdoch with the staff of his Sun newspaper in London.… Continue Reading
News Corp could pay $850 million or more to settle FCPA violations, according to a report Monday by the Guardian.
Michael Wolfe, who reports on media, said:
… Continue ReadingIn private conversations, executives at Rupert Murdoch’s News Corp are acknowledging ongoing discussions with the U.S.
The one-time deputy editor of News Corps’ The Sun tabloid will be prosecuted on two criminal conspiracy counts in the U.K. for his role in approving bribes from reporters to public officials in return for confidential information.… Continue Reading
The Wall Street Journal, owned by Rupert Murdoch’s News Corp., said it investigated allegations of bribery in China by its employees.
‘The Justice Department last year opened an investigation into allegations that employees at The Wall Street Journal’s China news bureau bribed Chinese officials for information for news articles,’ according to a report published Sunday by the paper.… Continue Reading
The U.K.’s Crown Prosecution Service said Tuesday that former News Corporation bosses Andy Coulson and Rebekah Brooks will be charged with bribing public officials.
Coulson was an editor of The News of the World and Brooks was the CEO of News International, a British subsidiary of Rupert Murdoch’s News Corporation that holds its U.K.… Continue Reading
News Corp. boss Rupert Murdoch said in a memo to his employees Wednesday that he’s beefing up the company’s antibribery training and reviewing its compliance programs because of the phone hacking and bribery scandal.… Continue Reading