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
Charles Duchaine, pictured left, is a French Magistrate and has been the director of L’Agence française anticorruption (AFA) since it was founded in 2017. He was previously the general director of the French Asset Recovery and Management office.… Continue Reading
It’s 5 p.m., and I’m celebrating. Not because a project was completed or the workday is over, but because I have just reviewed the ten-thousandth false positive in our company’s sanctions lists screening software.… Continue Reading
Goldman Sachs Group Inc. shattered our top ten list with a $3.3 billion FCPA settlement with the U.S. Department of Justice and Securities and Exchange Commission, sending it straight to number one.… Continue Reading
For compliance professionals and the programs they run, politically exposed persons are a big deal. PEPs trigger money laundering and corruption concerns and therefore attract enhanced due diligence. So, I always assumed PEPs are easy to identify.… Continue Reading
Here’s the FCPA Blog’s list of the 40 biggest Foreign Corrupt Practices Act resolutions of all time.… Continue Reading
Stockholm-based Ericsson cracked our top ten list Friday with a $1 billion mega-settlement that landed at number two.… Continue Reading
Fund manager Legg Mason, Inc. said Wednesday it expects a settlement soon of a Foreign Corrupt Practices Act investigation into a unit that managed money for the Libyan government.
The investigation concerns Permal Group’s Libya deals from 2005 to 2007.… Continue Reading
Job Title: Anti-Bribery and Corruption Compliance Officer
Employer: Société Générale
Location: New York, NY
Description: Responsibilities include, but are not limited to:
Documents leaked Sunday from a Panama law firm showed alleged use of anonymous shell companies by world leaders, politicians and others to shield billions of dollars from public view.
The Washington, DC-based International Consortium of Investigative Journalists (ICIJ) published more than 10 million records from the Mossack Fonseca law firm.… Continue Reading
The DOJ said Friday that two banks, Bank Linth LLB AG and Bank Sparhafen Zurich AG, reached deals to resolve criminal charges for helping U.S. taxpayers evade taxes.
Bank Linth will pay $4.15 million and Bank Sparhafen will pay $1.81 million, the DOJ said.… Continue Reading
State and federal authorities have begun settlement talks with Commerzbank AG and Deutsche Bank over their alleged dealings with countries blacklisted by the United States.
The timing of a possible deal could cost the German banks billions in penalties is still unclear, Reuters said. … Continue Reading
Libya’s sovereign wealth fund has filed a $1.5 billion lawsuit against Société Générale S.A., accusing it of funnelling tens of millions in bribes to associates connected to former Libyan dictator Muammar Gaddafi.… Continue Reading
