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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Harry Cassin Managing 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

Entries in China (811)

Thursday
Sep132018

Six compliance failures at United Technologies

United Technologies Corporation agreed Wednesday to pay the SEC $13.9 million to settle FCPA offenses related to its Otis Elevator and Pratt & Whitney aircraft engine businesses in China, Azerbaijan, and six other countries.

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Wednesday
Sep122018

United Technologies pays $13.9 million to settle FCPA offenses in China, Azerbaijan

United Technologies Corporation agreed Wednesday to pay the SEC $13.9 million to resolve charges that it violated the FCPA by making illicit payments in its elevator and aircraft engine businesses. 

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Monday
Aug062018

Nan Wang: Two thousand foreign companies have ADRs. But do they have compliance?

Growing up in the People’s Republic of China, I often heard the proverb, “water that is too clean has no fish.” Sadly, the adage is a rationalization for corruption. It claims that ethical business doesn’t yield profits.

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Wednesday
Aug012018

World Bank debars China infotech firm

The World Bank debarred a Chinese information technology firm Wednesday for providing a fake certificate for technical equipment needed on a traffic control project in China.

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Tuesday
Jul242018

Report: China pharma in vaccine scandal involved in multiple bribery cases

The Chinese pharmaceutical company under investigation for producing and selling ineffective children's vaccines has been involved in several recent cases of bribery, according to reports from Asia.

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Friday
Jul202018

World Bank debars two China construction companies

The World Bank debarred two big Chinese construction companies that lied about their progress on an energy project in China so they would be paid early. 

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Tuesday
Jul172018

Where in the world is 1MDB fugitive Jho Low?

Low Taek Jho is being hunted by governments around the globe for his role in the $4.5 billion looting of Malaysia's sovereign wealth fund, 1MDB.

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Thursday
Jul052018

Credit Suisse settles ‘princeling program’ FCPA offenses for $76.7 million

Credit Suisse Group AG and its Hong Kong unit agreed Thursday to pay the DOJ and SEC $76.7 million for a referral hiring scheme that violated the Foreign Corrupt Practices Act.

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Monday
Jun112018

Gerry Zack: Those are not Compliance Officers at ZTE

As reported on the FCPA Blog on June 7, in the Commerce Department’s announcement of its settlement with ZTE Corporation, it referred to a requirement for ZTE to “retain a team of special compliance coordinators selected by and answerable to” the Commerce Department for ten years.

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Thursday
Jun072018

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.

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Tuesday
May292018

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.

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Tuesday
May222018

Is China trying to corrupt the UN?

Last week, Ng Lap Seng, a billionaire real estate developer from Macau, was sentenced to four years in federal prison for bribing two UN bigshots.

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