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
The World Bank Wednesday announced the 41-month debarment of a Vietnam-based construction firm for fraudulent and obstructive practices related to projects in Vietnam.… Continue Reading
Albemarle Corporation agreed Friday to pay the DOJ and SEC $218 million in penalties and disgorgement to resolve FCPA offenses related to bribing government officials at state-owned oil refineries around the world. … Continue Reading
When I talked to groups in Asia about the FCPA, there was always lots of interest, with at least half my podium time devoted to Q&As. But there was one question no one ever asked: “Why is there so little FCPA enforcement against Asian companies?”… Continue Reading
Swedish telecom Ericsson agreed Thursday to pay $206 million to settle charges that it violated its deferred prosecution agreement that was part of the $1 billion settlement in 2019 related to global FCPA violations.… Continue Reading
Swedish telecom Ericsson has agreed to a one-year monitorship extension with the DOJ and SEC following its $1 billion FCPA settlement in 2019. … Continue Reading
The World Bank debarred a Korean IT company Monday for three years for an obstructive practice connected to a project in Vietnam.… Continue Reading
Following recent SEC filings that described previously unreported FCPA-related investigations, there are at least 100 confirmed ongoing investigations overall, with 20 new active investigations first disclosed since the start of 2020, according to data from FCPA Tracker.… Continue Reading
South Korea’s largest telecom company, KT Corporation, paid the SEC $6.3 million Thursday to resolve charges that it violated the Foreign Corrupt Practices Act by providing improper payments to government officials in South Korea and Vietnam.… Continue Reading
Have you noticed how many corporate FCPA enforcement actions recount old facts. Really old facts — sometimes from more than a decade ago. Why should we care about all that ancient history?… Continue Reading
The World Bank debarred a Vietnamese construction company Wednesday for two and a half years for a fraudulent practices connected to a project in Vietnam.… Continue Reading
We’ve tabulated all countries reported in connection with the ten enforcement actions that comprise the latest FCPA Blog Top Ten list. Twenty-six different countries appear. Four of those countries are mentioned three times, and three appear twice.… Continue Reading
Novartis updated its anti-bribery policy four months after the Swiss pharma paid $346.7 million to resolve FCPA offenses in Greece, Vietnam, and South Korea. Here are some interesting details from the latest version.… Continue Reading