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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
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

Bill Steinman
Contributing Editor

‘Integrity & compliance’ continues as a B20 priority

As Saudi Arabia prepares to assume the G20 presidency, the B20 – or Business 20 – has announced the creation of taskforces to address six thematic priorities in 2020. Featuring prominently this year again is the topic of integrity & compliance, alongside digitalization; energy, sustainability & climate change; finance & infrastructure; future of work & education; and trade & investment.… Continue Reading

Ericsson reserves $1.2 billion for FCPA settlement

Swedish telecom giant Ericsson said Wednesday it reserved around $1.2 billion to resolve an expected FCPA enforcement action by the DOJ and SEC.

The Stockholm-based LM Ericsson Telephone Company said it was cooperating with the DOJ and SEC regarding possible FCPA violations in China, Djibouti, Indonesia, Kuwait, Saudi Arabia, and Vietnam.Continue Reading

Arab countries prep launch of Shariah-compliant blockchain

Gulf Cooperation Council countries have been working since 2014 to weave Shariah-compliant blockchain technology and cryptocurrencies into their existing financial and legal infrastructure.

Current members of the Gulf Cooperation Council, known as the GCC, are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.… Continue Reading

OFAC adds 17 Saudis to Magnitsky sanctions list

Murdered Saudi journalist Jamal KhashoggiThe U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three Saudi officials and 14 members of a hit team for their role in murdering Washington Post contributing columnist Jamal Khashoggi.… Continue Reading

Spanish defense contractor investigated for Saudi bribes

A special court in Spain is investigating executives at a state-owned defense company that allegedly paid millions in bribes to win weapons contracts with Saudi Arabia spanning two decades. 

Audiencia Nacional, the Spanish court, is investigating five deals between Defex and Riyadh from 1992 to 2004. Continue Reading