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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

Entries in Russia (229)

Tuesday
Jun212016

Analogic pays $14.8 million to resolve FCPA offenses

Massachusetts-based medical technology company Analogic Corporation and a foreign subsidiary and that unit's former CFO settled FCPA violations related to $20 million in improper payments in Russia and other countries.

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Friday
Jun032016

The optics (and other compelling reasons) for an India foreign bribery law

India’s own foreign bribery law, the Prevention of Bribery of Foreign Public Officials and Officials of Public International Organizations Bill, is stuck in a legislative logjam. It has passed through a parliamentary committee and was the subject of a Law Commission Report. But at present there is no timeline for the passage of the Bill.

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Tuesday
May242016

Report: Azerbaijan First Family owns $140 million in luxury homes around globe

Azerbaijani President Ilham AliyevThe president of oil-rich Azerbaijan and his two daughters own foreign luxury flats and homes -- three of them in London -- together worth $140 million.

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Monday
May022016

DOJ declination for Key Energy, SEC settlement reached ‘in principle’

Key Energy Services Inc. said Thursday the Justice Department informed the company that it has closed its FCPA investigation and won't bring an enforcement action.

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Tuesday
Apr052016

Panama Papers: Who are the winners now?

Image courtesy of the ICIJIt's not illegal for most people to own anonymous companies. Walt Disney used them to buy land near Orlando for Disney World. He didn't want prices to go crazy with news Mickey Mouse was coming to town.

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Monday
Apr042016

2.6 terabyte leak: Panama Papers expose global abuse of anonymous shell companies 

Documents leaked Sunday from a Panama law firm showed alleged use of anonymous shell companies by world leaders, politicians and others to shield billions of dollars from public view.

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Friday
Mar042016

Nordion and former employee settle FCPA charges for Russia bribes 

Image courtesy of NordionMedical isotope provider Nordion (Canada) Inc. and a former employee settled SEC charges Thursday of violating the Foreign Corrupt Practices Act by bribing Russian government officials. The former employee was also charged with taking kickbacks.

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Tuesday
Feb022016

OFAC adds five to Magnitsky sanctions list

The Treasury Department's Office of Foreign Assets Control added four Russians and a Ukrainian to its list of those sanctioned under the Magnitsky Act for alleged human rights abuses.

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Monday
Jan042016

Will Wal-Mart change India? 

Of the four BRIC nations, all but one have enacted major anti-corruption reforms in the last several years. When will India step up? And might Wal-Mart help?

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Tuesday
Dec152015

Ex Russia nuke official jailed four years for laundering bribe money

A former director of a Russian nuclear energy firm was sentenced Tuesday to 48 months in federal prison for taking $2 million in bribes to award uranium transportation contracts to an American company.

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Wednesday
Dec022015

Martin Kenney: Are Russia's moves against graft and money laundering for real? 

In a post for the FCPA Blog, Kristina Furlet wrote that Russia has drafted a bill that would (finally) ratify the Council of Europe Warsaw Convention of 2005 on Laundering, Search, Seizure and Confiscation of the Proceeds of Crime and on the Financing of Terrorism.

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Thursday
Nov122015

Compliance alert: Fly-by-Night companies in Russia pose special risks

A major risk for inbound investors in Russia is inadvertent exposure (often under the aegis of third parties) to a type of shell entity called a Fly-by-Night company.

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