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
Luxury goods retailers selling high-end cars, boats, private jets, art, antiques and jewellery are being used by the corrupt to hide the illegal proceeds of crime — and to escape detection, Transparency International said.… Continue Reading
The Prosperity Index ranks 142 countries in terms of wealth and wellbeing.
The London-based Legatum Institute produces the Prosperity Index by ranking countries using eight sub-indexes: economy, entrepreneurship and opportunity, governance, education, health, safety and security, personal freedom, and social capital.… Continue Reading
The just released Transparency International Middle East & North Africa, Government Defense Anti-Corruption Index is exhaustive and thorough, and from my experience well represents the real-world risk which exists in the region.… Continue Reading
The DOJ has unveiled new guidance to federal prosecutors about bringing criminal cases against individuals in instances of corporate wrongdoing.
The Yates Memo states that if a corporation wishes to resolve its own criminal charges and receive any credit for cooperation, it must provide the DOJ with all relevant facts relating to the individuals responsible for the misconduct.… Continue Reading
Transparency International’s 2015 Exporting Corruption report indicates that about half of the OECD antibribery convention countries have failed to prosecute any foreign bribery cases since 1999.
Nine countries with 12.6 percent of world exports have only limited enforcement, and twenty countries with 20.5 percent of world exports have little or no enforcement.… Continue Reading
In a prior post on the FCPA Blog, we observed a pattern that surprised ourselves and many others: signatories to the OECD Convention that allow facilitating payments have a significantly better average ranking on the Corruption Perceptions Index than those countries that prohibit them. … Continue Reading
This month, Transparency International published its survey of the UK’s AML enforcement and confiscation systems, particularly in relation to Financial Action Task Force (FATF) defined “grand corruption” (bribe-taking or kickbacks, extortion, self-dealing, conflicts of interest, and embezzlement from the national treasuries).… Continue Reading
Kuwait’s Social Affairs and Labor Ministry issued a decree on May 7 that dissolved the board of the independent Kuwaiti Transparency Society (KTS).
The decree put the group’s management under five government appointees.… Continue Reading
Dr. Andrea Bonime-BlancTransparency International recently published its first analysis of corporate transparency, measuring the amount and quality of corporate disclosure by the world’s largest 120 enterprises. The results? Not a single U.S.… Continue Reading
Job Title: Program Coordinator Europe and Central Asia, Whistleblowing Program
Employer: Transparency International
Location: Berlin, Germany
Description
The Program Coordinator is responsible for implementing the whistleblowing programme in the Europe and Central Asia Department.… Continue Reading
According to a report Wednesday from Transparency International, the boom in the London property market has been fueled by dirty money from around the world.
The report said more than 36,000 properties in London are owned by anonymous companies registered in the British Virgin Islands, Isle of Man, Jersey, and Guernsey, among others.… Continue Reading
Prosecutors in Moscow warned the Russian branch of Transparency International to register as a foreign agent, TI-Russia said in a statement posted on its website Friday.
Prosecutors told the anti-corruption NGO that its “actual activity includes interfering with the government’s policy in the fight against corruption by lobbying its own proposals to change it,” TI’s statement said.… Continue Reading