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
Transparency International released its 20th edition of the Corruption Perceptions Index (CPI) today, available here. The 2014 CPI ranks 175 countries based on the perceptions of public sector corruption.… Continue Reading
Last month, the DOJ’s Leslie Caldwell, described the fight against corruption as “a necessary enforcement action to protect our own national security interests and the ability of our U.S. companies to compete on a global scale.”… Continue Reading
Transparency International’s open letter to the G20 leaders requiring transparency of ownership ought really to be pushing at an open door. Particularly so, in the light of the Financial Action Task Force’s Recommendations 24 and 25 (published in 2003 and updated in 2012) which require member countries to ensure that accessible information can be obtained and exchanged on beneficial ownership of legal persons and trusts/arrangements.… Continue Reading
Transparency International signed a letter with prominent prosecutors and corruption hunters addressing G8 leaders on the urgency to curb money laundering.
Dear G20 leaders,
When a global financial system allows billions of dollars of corrupt or stolen money to flow unchecked around the globe, something is wrong.… Continue Reading
I have just finished my fourth year of teaching a course on compliance and the Foreign Corrupt Practices Act created for the Katz Graduate School of Business at the University of Pittsburgh.… Continue Reading
Yesterday’s post on Leslie Caldwell’s vision of the FCPA elicited a number of comments. And I do love a good back-and-forth.
The war on terror may be new, but framing the FCPA as a foreign policy tool is not.… Continue Reading
Transparency International said Friday that Thuli Madonsela of South Africa was selected as the winner of the anti-corruption group’s Integrity Award for 2014.
The Integrity Award was created in 2000 “to recognize the courage and determination of the many individuals and organizations fighting corruption around the world,” TI said.… Continue Reading
Financial Times reported Friday that anti-corruption groups, (Global Witness, Transparency International and Corruption Watch) had written to the Prime Minister and the Director of the Serious Fraud Office raising concerns about the integrity of the SFO’s investigation into the sale by GPT Special Project Management, an Airbus subsidiary, of communications equipment to the Saudi National Guard.… Continue Reading
Job Title: Financial Accounting Officer
Employer: Transparency International
Location: Berlin, Germany
Description
Coordination of day-to-day accounting processes with focus on supporting the implementation of a new financial accounting system. Accounting processes will involve processing of day-to-day business transactions, assistance in preparation of the financial statements and reporting to internal and external stakeholders.… Continue Reading
BBC News mapped out the countries where the most bribes were paid, based on a survey carried out by Transparency International in 95 countries. The results from countries where data was available indicated that one person in four had paid a bribe to a public body in the prior year.… Continue Reading
The boom in UK-online gambling will come as no surprise to those irritated by betting adverts interrupting major televised sporting events. Not surprisingly, and to the consternation of offshore online gambling jurisdictions, the UK government has sought to cash in on this licensed vice by introducing a remote gambling point of consumption duty for all wagers placed within the UK.… Continue Reading
When a company suspects a competitor is going to pay bribes, the temptation is to do the same thing. Bribe takers encourage a bribery bidding war. They want the biggest bribe to win the business, not the best price, product or service.… Continue Reading