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Editors

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

KPMG survey: Compliance programs aren’t reaching third-party risks

KPMG International recently released the results of its global anti-bribery and corruption survey in the report, Anti-Bribery and Corruption: Rising to the challenge in the age of globalization.

The report (available here in pdf) amplifies the growing bribery and corruption risks that third parties present and the challenges companies face in monitoring these intermediaries.… Continue Reading

Kroll on cyber security: Compliance officers should be like . . . Captain Kirk

FCPA Blog sponsor Kroll released a survey showing that 75% of compliance officers aren’t involved in managing cyber security risk.

And nearly 44% of senior-level compliance professionals who responded said the chief compliance officer is only responsible for privacy compliance and breach disclosure after an incident but has no role in addressing cyber security risks before one.… Continue Reading

Layne Christensen more than doubles FCPA settlement reserve

Kansas-based Layne Christensen Company said last week it has increased its reserve for a potential FCPA settlement from $4.8 million to $10.4 million. That amount, the company said, represents the low end of the range for a possible settlement, which could also reach $16 million or more.… Continue Reading

Park-Ohio discloses potential violation

Park-Ohio Industries Inc. said on Thursday that a third-party payment on its behalf to tax authorities may have violated the Foreign Corrupt Practices Act.

The subsidiary of Park-Ohio Holdings Corp. said in its latest quarterly filing with the Securities and Exchange Commission that it received a subpoena from the SEC in August.… Continue Reading

Agilent discloses China compliance problem, investigation

Agilent Technologies disclosed that employees in China working with third-party intermediaries may have violated the company’s business conduct policy and the FCPA.

Santa Clara, California-based Agilent makes testing and measurement equipment used in the medical industry.… Continue Reading