News and commentary about white-collar crime, enforcement, and compliance
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
In January, Airbus entered into a $4 billion global settlement to resolve bribery offenses. Why did the FCPA Blog assess Airbus’ FCPA penalty at about half that number for the top ten list?… Continue Reading
The chairman of the U.S. Securities and Exchange Commission, Jay Clayton, chose a speech in September to the Economic Club of New York to argue that when it comes to enforcement of anti-corruption laws, the United States is “acting largely alone.”… Continue Reading
As long as U.S. federal law enforcement priorities remain the same, licensed cannabis operators are unlikely to be prosecuted if they are completely compliant with state laws. However, if the DOJ or state regulators discover that a license was acquired through corrupt means, the license will not provide any protection.… 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
How should SEC whistleblower awards be calculated? In a working paper, I address this timely question.… Continue Reading
TechnipFMC plc paid the SEC $5 million Monday to settle FCPA offenses related to bribing Iraqi officials to win business with state-owned oil companies.
The London-headquartered oil and gas company disgorged $4.3… Continue Reading
American communication technology provider Polycom Inc. settled FCPA books and records and internal accounting controls provisions charges with the SEC Wednesday for using resellers and distributors in China to bribe government officials. … Continue Reading
CHS Inc. disclosed in an SEC filing Monday that it self-reported possible FCPA violations related to Mexican customs payments.
The Minnesota-based agriculture company said in a 10-K that it voluntarily disclosed the potential violations to the DOJ and SEC.… Continue Reading
Vantage Drilling International agreed to disgorge $5 million to the SEC Monday to settle FCPA internal accounting controls offenses related to drilling services contracts with Petrobras.
The SEC settled the case with an internal administrative order (pdf) and didn’t go to court.… Continue Reading
The Securities and Exchange Commission awarded an overseas whistleblower $4 million for “extensive assistance” resulting in a successful action, the agency said Monday.
Chief of the SEC’s Office of the Whistleblower Jane Norberg said, “Whistleblowers, whether they are located in the United States or abroad, provide a valuable service to investors and help us stop wrongdoing.”… Continue Reading
FCPA investigations are usually disclosed either through SEC filings, agency releases, or company statements.
While SEC filings are the most common, 27 investigations have been disclosed by agency releases and 32 by company statements.… Continue Reading
Charles Cain, chief of the SEC’s FCPA unitThe SEC has a new chief to enforce the FCPA. His name is Charles Cain. And what’s important to him is leveling the playing field.… Continue Reading