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Jessica Tillipman Senior Editor

Elizabeth K. Spahn Editor Emeritus

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Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

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FCPA Blog Daily News

Entries in Rolls Royce (28)

Wednesday
Sep202017

Bill Waite on the SFO: Five More Years!

Almost six years ago I wrote a post for the FCPA Blog called "At The SFO, Green Shoots." The post was about the appointment of David Green CB QC as the new head of the UK Serious Fraud Office.  

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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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Thursday
Jun222017

UK enforcement: Charging Barclays is a good first step to ending corporate impunity

Until the SFO announced its charges against Barclays, not a single UK bank or individual had faced criminal prosecution for their role in the financial crisis of 2008.

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Thursday
May042017

UK investigates KPMG for Rolls-Royce audits

The United Kingdom accounting regulator said Thursday it has opened an investigation into KPMG for audits the firm did for long-time client Rolls-Royce Holdings plc.

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Monday
Apr242017

Rahul Rose on Unaoil: But are agents immune from prosecution?

There's a growing sense that agents and intermediaries that facilitate corrupt deals are immune from prosecution in the UK.

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Wednesday
Apr192017

Martin Kenney: Scrapping the extractive industries disclosure rule is a backward step

The SEC rule that would have required oil and gas and mining companies to disclose each year their payments to foreign governments was intended to increase transparency and prevent back-handers, bungs, and bribes from reaching those able to influence contractual decisions.

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Friday
Feb102017

What will $30 million of the Rolls-Royce fine be used for?

Last month Rolls-Royce agreed in a deferred prosecution agreement with the DOJ to pay a fine of nearly $170 million for FCPA  violations. What makes the Rolls-Royce DPA unique is that $30 million of the fine went to the Consumer Financial Fraud Fund (CFFF).

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Wednesday
Feb082017

The Future of FCPA Enforcement: A discussion with Philip Urofsky

Just as the 2016 FCPA enforcement year left us plenty of topics to discuss, the new year brings many uncertainties, and the direction of the law’s enforcement is a matter of some debate.

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Thursday
Jan262017

Rolls-Royce Aftermath: Should we all stop using agents?

Writing in The Guardian, the paper’s financial editor Nils Pratley recently summed up £671 million ($800 million) in fines meted out to Rolls-Royce, in the aftermath of the various corruption investigations, as “big, ugly and serious."

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Thursday
Jan192017

Tom Fox: Three enforcement weeks to remember

Jay Rosen wondered in December if companies would be more inclined to resolve outstanding enforcement actions under the outgoing Obama administration or wait to see what might happen under a Trump administration. The answer is now clear.

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Thursday
Jan192017

Bill Waite: Rolls-Royce is the tipping point for UK anti-bribery enforcement

In December 2016, Risk Advisory hosted a dinner in Washington, DC, at which the Director of the Serious Fraud Office, David Green, kindly agreed to engage in a conversation with me.

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Tuesday
Jan172017

DOJ charges Rolls-Royce with FCPA conspiracy

Rolls-Royce plc agreed to pay the United States a criminal penalty of $170 million under a deferred prosecution agreement after being charged with a long-running global conspiracy to violate the Foreign Corrupt Practices Act.

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