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
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
How much due diligence is enough when dealing with Chinese companies? Here’s a better way to ask the question: If Chinese companies are beyond the reach of U.S. law, is any amount of due diligence enough?… Continue Reading
With the U.S. government encouraging businesses to earn cooperation credit at the penalty phase of enforcement actions through the “naming of names” at the onset of investigations, there might be momentum for more executives being held personally accountable in regulatory enforcements.… Continue Reading
A former KPMG partner and co-leader of the firm’s banking and capital markets group admitted stealing and using confidential information so KPMG could improve the outcome of PCAOB inspections.
David Britt, 56, pleaded guilty in federal court in New York Thursday to one count of conspiracy to commit wire fraud.… Continue Reading
KPMG LLP agreed Monday to pay a $50 million fine to settle SEC civil charges that former partners used stolen information to learn about surprise regulatory reviews of the firm’s audits and cheated on training exams.… Continue Reading
The DOJ and SEC charged six accountants Monday with misappropriating and using confidential information about the PCAOB’s planned inspections of KPMG.
The six include three former officials at the Public Company Accounting Oversight Board or PCAOB and three former partners at KPMG LLP.… Continue Reading
So the Trump Administration has nominated a new SEC chairman in the form of Jay Clayton, dealmaker and securities lawyer at Sullivan & Cromwell. The compliance community’s reaction seems to be vague concern, based on a paper (pdf) Clayton co-authored in 2011 criticizing FCPA enforcement.… Continue Reading
Job Title: Assistant Chief Auditor
Company: Public Company Accounting Oversight Board
Location: Washington, D.C.
Job Scope: The Office of the Chief Auditor advises the Board on the establishment of auditing and related professional practice standards.… Continue Reading
