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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

Entries in China (831)

Wednesday
Sep112019

World Bank debars state-owned Chinese engineering and construction company

The World Bank debarred a state-owned Chinese engineering and construction company Wednesday for 20 months for fraud involving a project in the Republic of Zambia.

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Thursday
Sep052019

China’s Social Credit System applies to companies and impacts compliance

Numerous stories have appeared in the English-language press about China’s social credit system (SCS). Most of these stories focus on SCS’s system of “scoring” individuals in China. But SCS also applies to companies operating in China and, as it develops, may impact how companies approach anti-corruption compliance.

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Thursday
Aug292019

Juniper Networks pays SEC $11.7 million to settle FCPA violations

Juniper Networks paid the SEC $11.7 million Thursday to settle FCPA offenses related to its sales practices in Russia and China. 

 

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Thursday
Aug222019

Deutsche Bank pays SEC $16 million to settle ‘referral hiring’ FCPA violations 

Deutsche Bank paid the SEC $16 million Thursday to settle FCPA offenses related to its hiring of relatives of public officials in China and Russia. 

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Thursday
Jun202019

Walmart pays $282 million for FCPA resolution

Walmart Inc. agreed Thursday to pay the DOJ and SEC $282 million to settle allegations that it violated the Foreign Corrupt Practices by paying an intermediary in Brazil for help obtaining construction permits and having weak anti-corruption internal controls in Brazil, China, India, and Mexico.

 

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Thursday
Jun202019

Former Interpol chief admits taking $2 million in bribes

Former Interpol head Meng Hongwei (Image courtesy of Weibo)The first Chinese citizen to head Interpol pleaded guilty in a court in China Thursday to taking $2 million in bribes.

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Thursday
Apr112019

Uber discloses FCPA investigation 

Uber Technologies, Inc. said Thursday the U.S. Department of Justice is investigating possible FCPA violations related to its activity in Asia. 

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Tuesday
Mar192019

Country count for new FCPA investigations

Since the start of 2018, companies and agencies have disclosed 19 new FCPA-related investigations.

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Wednesday
Mar062019

Here's what the Bio-Rad ruling means for FCPA retaliation

Federal court opinions interpreting the FCPA are rare indeed -- my informal tally puts the number at a dozen or so since 1977. This week, that number increased by one, thanks to the 9th Circuit’s opinion in Wadler v. Bio-Rad Laboratories, which grows out of Bio-Rad’s $55 million FCPA settlement in 2014. 

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Wednesday
Feb132019

China healthcare compliance is still a ‘donations’ minefield

It has been over five years since the start of the GlaxoSmithKline case that rocked the China healthcare industry. At the time, compliance, audit and legal teams were shocked by the prevalence of integrity and corruption issues that had apparently gone unidentified, despite the widespread practice of generating slush funds through fraudulent travel expense claims.

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Friday
Feb082019

Digital ‘red envelopes’ are a risk this Chinese New Year

Chinese New Year began February 5 and kicked off the Year of the Pig. In China, employees begin a mass migration out of the large cities and back to their hometowns to visit family, relatives, and long-time friends.

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Wednesday
Jan302019

Will China tech giants dominate blockchain?

China is at the forefront of efforts to revolutionize digital mobile cross-border payment systems. Already, traders on the 21st century digital silk road are sending payments from Hong Kong to the Philippines and Pakistan, among other places, in mere seconds using blockchain-based, cross-border, mobile digital wallets from Chinese tech giants, including Ant Financial’s Alipay and Tencent Holdings Ltd.’s WeChat Pay. 

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