Skip to content


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

Posts Tagged: travel and entertainment expenses

Glaxo VP confesses on China TV

China state TV has broadcast a confession by GlaxoSmithKline’s vice president of China operations.

Liang Hong, 49, admitted bribing doctors when he appeared Monday from his jail cell during the evening newscast on China Central Television (CCTV).… Continue Reading

Digi ex-CFO settles with SEC

The SEC on Tuesday said Subramanian Krishnan, the former CFO of Digi International, Inc., agreed to settle civil charges that he evaded internal controls to pay for unauthorized travel and entertainment expenses.… Continue Reading

Corruption Risks — China Travel Edition (Part I)

In any country, paying for travel for government officials, customers at state-owned enterprises, or customers at purely private enterprises can present corruption risks. Many worthy publications have addressed travel risks generally and how to minimize those risks, including establishing a true business purpose for the trip, ensuring transparency with the recipient’s organization, pre-approving a detailed itinerary to ensure that sightseeing/leisure does not predominate, paying expenses directly to vendors where possible, avoiding unnecessary stopovers or family members or friends accompanying, etc.… Continue Reading

Judge Leon rejects SEC, IBM settlement

A federal judge Thursday angrily rejected a proposed 2011 settlement between the SEC and IBM, saying the  company should be required to report all accounting violations and not just FCPA anti-bribery problems.… Continue Reading

Super-charge your analytics program with the guidance

Last month, the Criminal Division of the U.S. Department of Justice and the Securities and Exchange Commission published their long-awaited Resource Guide to the U.S. Foreign Corrupt Practices Act.

At 120 pages, this document is intended to assist companies to navigate seemingly arbitrary rules around what does and does not constitute legal behavior when dealing with overseas business practices.… Continue Reading

SEC’s Khuzami: We’re not interested in small potatoes

Here’s what Robert Khuzami said Wednesday at a news briefing about the FCPA guidance released by the DOJ and SEC. Khuzami is head of the SEC’s enforcement division.

*     *     *

The most effective law enforcement programs are those that combine vigorous prosecution of those who break the law with an equally vigorous effort to enable those who seek to abide by the law.… Continue Reading