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Editors

Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

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

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Friday
Aug182017

Sanofi-Aventis awarded $38 million for blowing whistle on EpiPen maker

Big Pharma Sanofi-Aventis was awarded $38.7 million Thursday as its share of a $465 million False Claims Act settlement by Mylan for knowingly misclassifying EpiPen as a generic drug to avoid paying rebates owed to Medicaid.

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Friday
Aug182017

Event: The Fourth Suspension and Debarment Colloquium (DC - September 14)

The World Bank is hosting the Fourth Colloquium on Suspension and Debarment in Washington, DC on September 14.

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Thursday
Aug172017

SEC fines chief compliance officer for inaccurate securities filing

The Securities and Exchange Commission Tuesday fined a chief compliance officer for failing to verify information provided by an investment adviser that turned out to be false.

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Thursday
Aug172017

Compliance Alert: New UK law criminalizes corporate apathy toward tax evasion

Ever since the Panama Papers exposed the underground nexus of global tax evasion, regulators have been trying to figure out how to get ahead of it. In the UK, the Criminal Finances Act was passed in late April 2017.

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Wednesday
Aug162017

Rahul Rose: Has the UK audit regulator been captured by those it regulates?

In the prior post, I described the lackluster approach to enforcement that has characterized the Financial Reporting Council. What's the cause? A large part of the explanation lies in the regulator’s closeness to those that it is supposed to be holding to account.

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Wednesday
Aug162017

Navy commander guilty of obstructing Fat Leonard investigation

An active-duty U.S. Navy commander pleaded guilty Tuesday for helping a Singapore-based defense contractor cheat the Navy and obstructing a federal criminal investigation into the overbilling fraud.

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Tuesday
Aug152017

SEC charges KPMG and partner with blown oil and gas company audit

KPMG agreed Tuesday to pay more than $6.2 million to settle charges that it failed to properly audit the financial statements of an oil and gas company that was itself charged with accounting fraud for inflating the value of Alaska assets by more than $400 million.

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Tuesday
Aug152017

Frances McLeod: How to deal with the mess known as EU to U.S. data transfer law

Frances McLeod, a founding partner of Forensic Risk Alliance, is spending a lot of time helping clients deal with EU privacy and data protection issues.

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Tuesday
Aug152017

Norm Keith: Canada does enforcement (yes, really)

Just like a blind side body check in a hockey game, the appeal decision in July upholding the overseas bribery conviction of Nazir Karigar came as a shock to many observers of anti-corruption enforcement initiatives around the globe.

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Tuesday
Aug152017

Israeli mining billionaire detained with other leading businessmen

Beny Steinmetz, detained Monday for questioning Beny Steinmetz was detained Monday in Israel for a second time for questioning in connection with bribery of high ranking foreign officials in Guinea.

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Monday
Aug142017

Rahul Rose: When will the UK audit regulator take corruption seriously? 

The Financial Reporting Council is investigating KPMG for failing to spot large-scale bribery at Rolls-Royce. But there are serious questions whether the regulator, which is yet to impose a sanction in a corruption-related case, will carry out a proper inquiry.

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Monday
Aug142017

U.S. jails two Singaporeans for Fat Leonard fraud

Two former executives of a Singapore-based defense contractor were sentenced to prison Friday for helping their employer in a $35 million fraud against the U.S. Navy.

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