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 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.… 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.… 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.… Continue Reading
The Treasury Department’s Office of Foreign Assets Control fined Exxon Mobil Corp. $2 million Thursday for signing a joint venture with Russia’s Rosneft in “reckless disregard” of Ukraine-related trade sanctions.… Continue Reading
Teva Pharmaceuticals Industries Ltd. agreed Thursday with the DOJ and SEC to resolve FCPA violations through a deferred prosecution agreement and total payments of $519 million.… Continue Reading