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Editors

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

The Big Story of 2018: Compliance Officers

It was a breakout year for compliance officers and compliance professionals, making them the big story of 2018. As I said mid-year, they’re rock stars now, famous and wanted.

Some stories about them from the FCPA Blog during 2018:

Alstom appointed a compliance officer, Sylvie Kandé de Beaupuy of Airbus, to its board of directors.… Continue Reading

Compliance pros are rock stars, yes they are

Only yesterday they were pimply FCPA nerds. But a strange thing happened. They morphed into the cool kids.

Today’s compliance officers are famous and wanted.

Here’s some evidence.

The White House commuted ZTE’s corporate death sentence by arranging to embed hand-picked compliance officers in the outlaw Chinese company.… Continue Reading

Selva Ozelli: How should cyptocurrency bribes be valued?

At the federal level in the United States, cryptocurrencies have a lot of regulators — FinCEN, OFAC,  the IRS, the Commodity Futures Trading Commission (CFTC), and the SEC among them. 

These regulators characterize cryptocurrencies respectively as money, property, commodities, and a security.   … Continue Reading

Deal announced for U.S. to embed ZTE compliance group for 10 years

Secretary of Commerce Wilbur Ross said Thursday that China’s ZTE will pay $1 billion in penalties, put $400 million in escrow, and accept a U.S.-appointed compliance department.

According to a Commerce Department statement, the new agreement requires ZTE “to retain a team of special compliance coordinators selected by and answerable to” the Commerce Department for ten years.… Continue Reading

U.S. to ZTE: Hire American compliance officers

Commerce Secretary Wilbur Ross said a deal the Administration has reached with China’s ZTE to restore its U.S. trading rights includes creating a new compliance department that’s staffed with American compliance officers.… Continue Reading

Report: ZTE removes compliance chief after admitting lies to U.S. authorities

ZTE replaced its chief compliance officer after it admitted to the U.S. government in March that it made false statements about meeting the requirements of a settlement agreement.

The South China Morning Post said Wednesday that ZTE removed Cheng Gang, a senior vice-president, from his roles as chief compliance officer and chief legal officer, “according to an internal human resources notice dated March 8.”… Continue Reading

China’s number one export: Graft?

Chinese President Xi Jinping and his Sri Lankan counterpart Mahinda Rajapaksa witness the signing of the Colombo Port City Project in September 2014 (Image courtesy of CCC)Sri Lanka this month became the latest of at least five countries to shut down huge China-backed infrastructure and telecoms projects tainted by allegations of corruption.… Continue Reading