News and commentary about white-collar crime, enforcement, and compliance
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
When I talked to groups in Asia about the FCPA, there was always lots of interest, with at least half my podium time devoted to Q&As. But there was one question no one ever asked: “Why is there so little FCPA enforcement against Asian companies?”… Continue Reading
Two former senior executives of U.S.-based Panasonic Avionics Corporation settled SEC charges Tuesday related to FCPA offenses that Panasonic Corporation and the U.S. aviation unit settled earlier this year.
Paul A.… Continue Reading
After reviewing the FCPA Blog’s post, “When do issuers disclose their FCPA problems?” which focused on the seven resolved FCPA cases during the first half of 2018, I also examined each of the enforcement actions with a specific goal of determining the impact of due diligence in these cases.… Continue Reading
A dozen private-practice lawyers in Tokyo, including partners from the top firms, are helping Japanese companies comply with anti-bribery laws by publishing guidance and working with foreign enforcement agencies on behalf of the companies.… Continue Reading
The Panasonic enforcement action in April — resulting in $280 million in penalties and disgorgement to the DOJ and SEC — offers almost every lesson a compliance officer might want to discuss about anti-bribery programs.… Continue Reading
At every FCPA conference, someone comments that over 90 percent of FCPA matters involve third party intermediaries. It’s an interesting statistic and can be useful if it helps motivate the team to take due diligence seriously and encourages management to fund the program.… Continue Reading
Panasonic agreed Monday to pay $280 million to resolve FCPA offenses for payments to consultants of its U.S. in-flight-entertainment unit in the Middle East and Asia.
Osaka, Japan-based Panasonic Corporation will pay $143 million in disgorgement to the Securities and Exchange Commission.… Continue Reading
Panasonic Corporation confirmed Thursday that a subsidiary that develops inflight entertainment and communications systems is under investigation for possible FCPA and securities laws violations.
Osaka, Japan-based Panasonic said in a release it is cooperating with the investigation and “has recently engaged in discussions with the DOJ and SEC with a view towards resolving the matter.”… Continue Reading
Taiwan-based contract manufacturer Foxconn Technology Group has disclosed it is investigating allegations of bribery within its supply chain.
Foxconn is perhaps best known as the maker of Apple’s iPhone. Its client list also includes Panasonic, Nokia, Samsung, and Sony.… Continue Reading