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
In February 2022, it was confirmed that a new UK offense of failure to prevent fraud will be prioritized, following the UK Law Commission report on corporate criminal liability in 2022.… Continue Reading
Kraft Heinz produces some of the world’s favorite foods that have been pantry staples for generations. Every person reading this post is almost certain to have at least one Kraft Heinz product in their kitchen.… Continue Reading
In 2018, the UK Serious Fraud Office recovered £4.4 million ($6.2 million) from two Chad diplomats who took bribes from Canadian oil company Griffiths Energy in the U.S and Canada. The recovered money was transferred to Chad and used in aid and development programs.… Continue Reading
As far back as 2018, I voiced concerns in the FCPA Blog about the problems of rampant fraud in the UK. In a new report, the Royal United Services Institute (RUSI), a distinguished British think tank founded by the Duke of Wellington, described the fraud threat as an epidemic that is “now a national security threat.”… Continue Reading
On its face, the Section 7 “Failure to prevent bribery” corporate offense under the UK Bribery Act 2010 extends to bribes paid where there is some kind of UK nexus and so has a potentially broad reach.… Continue Reading
The recent news that U.S. FinCEN records have been leaked to journalists from the ICIJ, BBC, and BuzzFeed News surprised me much more than their predecessor revelations, the Panama and Paradise Papers.… Continue Reading
The Covid-19 outbreak presented “an unprecedented crisis” for the criminal justice system in the UK – coming as it did when there was already a mounting backlog of complex criminal cases in England and Wales.… Continue Reading
The high end of the global art industry is an opaque world of often secret acquisitions, cautious collectors, subjective valuations, and high-value cross-border movement of artwork and funds. These inherent characteristics may protect the privacy and security of genuine buyers and their prized pieces, but they also make the art industry a magnet for criminals seeking to launder their ill-gotten gains.… Continue Reading
As enforcement actions against corporate crime grow, so also have coordinated multi-jurisdictional settlements. These are arrangements involving two or more enforcement agencies from different countries wherein the participating agencies agree to cooperate in settling alleged corporate wrongdoing often using common corrective measures.… Continue Reading
The recent news that the UK government is relaxing its wrongful trading rules is to be welcomed. The proposal to temporarily shield directors from liability when their companies do business while having negative balance sheets is set out in the Corporate Insolvency and Governance Bill, which is currently going through the UK parliament’s legislative process and is expected to be passed into law imminently.… Continue Reading
James Cohen of Transparency International recently published a post on the FCPA Blog extolling the virtues of an open public register of ultimate beneficial ownership (UBO) in my home country of Canada.… Continue Reading
Knowing when to be flexible and when to stand your ground is a skill we continuously juggle. Nowhere is this more apt than in the current fight against Covid-19, as governments and companies adapt their ways to work together in a responsible way to save our society and economy.… Continue Reading
