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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

Thursday
Apr192018

Wendt and Sultan: How ‘oral downloads’ created a work-product protection waiver

As discussed in our prior post, the SEC charged Mathias Francisco Sandoval Herrera and Maria D. Cidre, two former executives from General Cable, with accounting fraud in January 2017. In response, these defendants sought to compel General Cable’s counsel, Morgan Lewis, to produce certain materials related to the firm’s corresponding investigation for the company, including investigation interview notes, SEC meeting notes, and an investigation report.

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Wednesday
Apr182018

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.

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Wednesday
Apr182018

Pia Vining on due diligence: Automation is useful but human judgment is indispensable

Brad Gates (“Is third party due diligence a commodity?”) and Scott Shaffer (“Due diligence will always be a human skill”) make interesting points and both are right.  While automation can be useful, human judgment is indispensable. 

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Wednesday
Apr182018

Wendt and Sultan: What are ‘oral downloads’ to the SEC and why do they matter?

A fascinating discovery dispute arose recently in the Southern District of Florida for professionals focused on internal investigations and the negotiation of resolutions with the SEC and DOJ. It involved the SEC, two former executives from General Cable Corporation, and General Cable’s external counsel Morgan, Lewis & Bockius LLP.

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Tuesday
Apr172018

Alec Puig: There are good things happening at some Russian companies

A Transparency International-Russia report published in January assessed the efficacy of the anti-corruption programs of over 200 Russian companies, who together generate more than 70 percent of Russia’s national income. 

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Tuesday
Apr172018

Scott Shaffer: Due diligence will always be a human skill

In the recent Kinross FCPA case, the Securities and Exchange Commission stated that: “Kinross contracted with a politically-well-connected third-party consultant to facilitate contacts with high-level government officials without conducting the heightened due diligence required by the company’s policies and procedures…”

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Monday
Apr162018

U.S. hits ZTE with ‘denial of export privileges’ for violating sanctions settlement

The U.S. Department of Commerce Monday imposed a denial of export privileges against ZTE and a related company for seven years for failing to comply with settlement terms in an earlier sanctions case.

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Monday
Apr162018

World Bank debars Kenyan railroad company for ‘corrupt practices’

The World Bank Monday debarred a railroad company based in Kenya for trying to "improperly influence the customs and port clearance process" on two projects.

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Monday
Apr162018

Brad Gates: Is third party due diligence a commodity?

Considering due diligence as a basic good in compliance, we could ask: “Is third party due diligence a commodity?” If you use due diligence from different producers to investigate the same entity, is the product the same?

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Monday
Apr162018

Feds seek 40-month FCPA sentence for Florida telecoms chief

A Florida businessman who cooperated with the DOJ after pleading guilty to conspiracy to violate the Foreign Corrupt Practices Act now faces more than three years in prison.

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Monday
Apr162018

Job: Corporate Compliance Director

Job Title: Corporate Compliance Director

Employer: HollyFrontier Corporation

Location: Dallas, Texas USA

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Friday
Apr132018

SEC awards whistleblower $2.1 million

The SEC Thursday awarded more than $2.1 million to a former company insider "whose information led to multiple successful enforcement actions." 

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