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
SEC rules don’t require reporting companies to disclose the names of law firms hired to investigate potential FCPA offenses, and not all companies even disclose information about ongoing investigations. But of companies that disclose FCPA investigations, which ones also publicly name their law firms, and why?… Continue Reading
Following recent SEC filings that described previously unreported FCPA-related investigations, there are at least 100 confirmed ongoing investigations overall, with 20 new active investigations first disclosed since the start of 2020, according to data from FCPA Tracker.… Continue Reading
The idea that compliance officers might need or want a union to represent them with management might not seem serious. But’s let’s do our best to have a serious discussion about it anyway.… Continue Reading
The World Bank debarred a Spanish engineering services company Wednesday for three-and-a-half-years for collusive, corrupt, and fraudulent practices related to two projects in Vietnam.… Continue Reading
The new Hogan Lovells’ Steering the Course II report examines the approaches, concerns, and regional differences of multinational corporations across the globe as they tackle anti-bribery and corruption risk by surveying 700 chief compliance officers, heads of legal, or equivalent.… Continue Reading
Nearly a third of employees in Singapore were aware of misconduct at work during the past year but many of them didn’t report it to management.… Continue Reading
A new report recently published by The Ethics and Compliance Initiative (ECI), the 2019 Global Business Ethics Survey, addresses the state of E&C programs across ten countries — USA, Brazil, UK, Spain, France, Italy, Germany, Russia, India, and China.… Continue Reading
The World Bank debarred a Spanish engineering company Thursday for cheating on a bid and lying about its work progress.
Ingeniería Especializada Obra Civil e Industrial S.A.U. was debarred for 28 months.… Continue Reading
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
The last few years have revealed a growing trend of prosecuting top-grossing soccer superstars for tax evasion and tax fraud.
Ordinarily nobody would think twice about the nature of these prosecutions.… Continue Reading
A British critic of Russian president Vladimir Putin was detained by Spanish police Wednesday on an international arrest warrant that Russia requested through Interpol.
Financier Bill Browder tweeted that police in Madrid released him after Interpol’s general secretary in Lyon, France, instructed Spanish police not to honor Russia’s arrest request. … Continue Reading
The DOJ unsealed an indictment Monday against five former employees of Venezuela’s state energy company, charging all of them with money laundering and two with also conspiring to violate the Foreign Corrupt Practices Act.… Continue Reading