News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
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
Bill Steinman
Contributing Editor
In October 2019, the Parliament of Ukraine introduced amendments to the existing Anti-Corruption Law. These amendments — known as the “Whistleblowers Law” — brought fundamental protections for those who report on corruption in Ukraine.… Continue Reading
Since the Euromaidan Revolution of 2014 that led to a change of the Ukrainian government, Ukraine has been pursuing large-scale anti-corruption reforms. The country has reformed its police force, created several anti-corruption agencies, and established the Anti-Corruption Court.… Continue Reading
In early July, I was part of a panel at an international anti-corruption conference in Ukraine organized by the Kyiv School of Economics and the European Bank for Reconstruction and Development.… Continue Reading
The European Court of Justice ruled on July 11 in Klyuyev v Council that the Council of the European Union acted improperly in extending the freeze on the assets of the former President of Ukraine, Viktor Yanukovych, his son and several members of Yanukovych’s administration.… Continue Reading
Although Ukraine still ranks a lowly 120 out of 180 on Transparency International’s Corruption Perceptions Index, more local businesses are making the choice to operate transparently and compliantly.
A vivid illustration of their anti-corruption stance is the Ukrainian Network for Integrity and Compliance (UNIC), which today unites 56 companies that employ more than 102,000 people from 53 cities of Ukraine.… Continue Reading
The news that Ukraine’s Constitutional Court (UCC) has abolished a law designed to prevent government officials from benefiting from corrupt practices, effectively waves a white flag at those who see public service as a means to line their own pockets.… Continue Reading
Identification of foreign PEPs can be a nightmare for financial institutions and other service providers. It is hard to do proper customer due diligence due to the lack of official lists of PEPs and publicly accessible reliable information about their assets.… Continue Reading
Police in France arrested a Ukrainian citizen who allegedly faked his death as part of an intricate and large-scale corruption scheme.
French police said the unnamed man, arrested on October 5, was a “high-profile” Ukrainian.… Continue Reading
Natalya Sedletska of RFE/RLA Ukrainian court ruled that authorities should have access to the cellphone data of an investigative reporter working on stories about anti-corruption investigations.
The court in Kyiv granted the prosecutor-general’s request to allow investigators to obtain information covering a 17-month period from mobile service providers about calls to and from Natalya Sedletska.… Continue Reading
Tom Firestone (Image courtesy of Baker & McKenzie)Last week in Ukraine, the Rada (parliament) chose an auditor for the National Anti-Corruption Bureau. A surprising finalist in the selection process was an American lawyer.… Continue Reading
Image courtesy of The Parkovy Convention and Exhibition Center As if to prove my point that open/public company ownership registers are only as good as the information declared and recorded, news broke last month that a UK office block was home to more than 100 potentially shady companies listed there.… Continue Reading
IBM said in an SEC filing that the DOJ and SEC have closed their FCPA investigations into transactions in Argentina, Bangladesh, Poland, and Ukraine.
The U.S. investigations started in early 2012 when IBM notified the SEC of a probe by the Polish Central Anti-Corruption Bureau.… Continue Reading