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Editors

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

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Thursday
Apr112019

Lori Loughlin has a very big money-laundering conspiracy problem

Readers of the FCPA Blog know that money-laundering conspiracy charges are often part of white collar prosecutions. That's because it's hard to commit most other white collar crimes without also committing money laundering.

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Wednesday
Apr102019

New Book: The Accidental Compliance Professional

Roy Snell is perhaps the best known compliance professional in the world. In 1995, he "accidentally" became a compliance officer -- among the first in the American health care industry.

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Tuesday
Apr092019

Standard Chartered Bank pays $657 million to settle OFAC violations

Standard Chartered Bank agreed Tuesday to pay $657 million to the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) to resolve sanctions violations primarily related to Iran, with other violations involving current or former sanctions on Cuba, Sudan, Burma, Syria, and Zimbabwe.

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Tuesday
Apr092019

Job: Director, Global Anti-Corruption Strategy

Job Title:Director, Global Anti-Corruption Strategy

Employer: Western Union

Location: Denver, Colorado USA

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Tuesday
Apr092019

Fresenius lands on our top ten disgorgement list

Last month's $231 million FCPA resolution by German dialysis giant Fresenius Medical Care included disgorgement to the SEC of $147 million. By our count, that's the tenth biggest disgorgement ever ordered in an FCPA enforcement action.

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Monday
Apr082019

Job: Chief Compliance Officer

Job Title: Chief Compliance Officer

Employer: Exterran Corporation

Location: Houston, Texas USA

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Monday
Apr082019

What's it take to succeed as a local business partner?

In our experience, cooperation with the due diligence process, and developing a deep understanding of the compliance expectations held by multinational companies, are competitive advantages. They help local business partners stand out from the crowd, move through the due diligence process far more quickly, and grow a larger clientele among compliance-focused companies.

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Friday
Apr052019

The truth about AI and due diligence

There has been a lot of discussion lately about the possible uses of artificial intelligence in anti-bribery compliance. Most commentators recognize that AI (and its more unassuming cousin, machine learning) won’t do away with current practices altogether. But while the significance of these technologies is recognized, their practical implementation often receives only cursory attention.

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Thursday
Apr042019

At Fresenius, management owned the graft

The SEC summed up the criminal activity in the corner offices this way: In many instances, senior management actively thwarted compliance efforts, personally engaging in corruption schemes and directing employees to destroy records of the misconduct. The improper conduct continued for years in Saudi Arabia, Morocco, eight countries in the West African region, Angola, Turkey, Spain, China, Serbia, Bosnia, and Mexico.

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Wednesday
Apr032019

ISO 37001: Not all certifications are created equal

On January 25, 2017, Eni Corporation announced its ISO 37001 certification. The press release stated that "certification confirms the quality of the system of rules and controls aimed at preventing corruption, developed by Eni since 2009 in line with the principle of 'zero tolerance' expressed in its Code of Ethics."

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Tuesday
Apr022019

Job: Senior Consultant, Third Party Due Diligence Sales

Job Title: Senior Consultant, Third Party Due Diligence Sales

Employer: Control Risks

Location: Washington, D.C., New York, Houston, or Los Angeles USA

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Tuesday
Apr022019

Facilitating Payments: Are countries really serious about banning them?

So there are countries around the world that have “gone beyond” the FCPA and prohibited facilitating payments. Good for them. And the United States “lags behind” because it still does not prohibit such payments. Should U.S. law enforcement be concerned because others have taken an important initiative?

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