Search

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


Connect
FCPA Blog Daily News

Entries in Rolls Royce (24)

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.

Click to read more ...

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.

Click to read more ...

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).

Click to read more ...

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.

Click to read more ...

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."

Click to read more ...

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.

Click to read more ...

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.

Click to read more ...

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.

Click to read more ...

Thursday
Jul162015

SFO scorecard: 78% conviction rate, 16 new investigations, 30 defendants await trial

The UK Serious Fraud Office filed its annual report for the year ended March 31, 2015 with the government Tuesday.

Click to read more ...

Tuesday
Feb172015

Rolls Royce accused in Petrobras bribe case

Image courtesy of Rolls RoyceUK-based Rolls Royce has been accused of bribing an employee of Brazil's state-controlled oil company to win a $100 million contract to provide gas turbines for oil platforms.

Click to read more ...

Tuesday
Nov252014

SFO Director Green: ‘There are plenty of foxes for the hounds to chase down’

Image courtesy of the SFOAt Pinsent Masons regulatory conference in London a few weeks ago, David Green, the chief of the UK Serious Fraud Office, talked about how many known frauds happen on his turf. Here's a hint: Lock up the silverware because it's a growth industry.

Click to read more ...

Wednesday
Sep172014

India lifts military procurement ban on Rolls Royce, Finmeccanica

India will allow its military to buy from defense contractors that were previously banned because of graft allegations.

Click to read more ...