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 Ukraine (39)


Ukraine businesses learn to Plan-Do-Check-Act

In early July, I was part of a panel at an international anti-corruption conference in Ukraine organized by the Kyiv School of Economics and the European Bank for Reconstruction and Development.

Click to read more ...


In Europe, freezing assets can violate human rights

The European Court of Justice  ruled on July 11 in Klyuyev v Council that the Council of the European Union acted improperly in extending the freeze on the assets of the former President of Ukraine, Viktor Yanukovych, his son and several members of Yanukovych’s administration.

Click to read more ...


Ukraine business network adopts certification based on ISO 37001 standard 

Although Ukraine still ranks a lowly 120 out of 180 on Transparency International's Corruption Perceptions Index, more local businesses are making the choice to operate transparently and compliantly.

Click to read more ...


Ukraine dashes hopes by abandoning corruption law

The news that Ukraine’s Constitutional Court (UCC) has abolished a law designed to prevent government officials from benefiting from corrupt practices, effectively waves a white flag at those who see public service as a means to line their own pockets.

Click to read more ...


Free-to-access Ukraine PEP database could become the new model

Identification of foreign PEPs can be a nightmare for financial institutions and other service providers. It is hard to do proper customer due diligence due to the lack of official lists of PEPs and publicly accessible reliable information about their assets. In contrast to UN lists of terrorists and OFAC sanctions lists, there is no single accessible database of foreign PEPs.

Click to read more ...


‘Dead’ Ukrainian found living in $5.3 million French castle

Police in France arrested a Ukrainian citizen who allegedly faked his death as part of an intricate and large-scale corruption scheme. 

Click to read more ...


Ukraine court gives prosecutors access to anti-graft reporter’s phone records

Natalya Sedletska of RFE/RLA Ukrainian court ruled that authorities should have access to the cellphone data of an investigative reporter working on stories about anti-corruption investigations.

Click to read more ...


American lawyer considered for Ukraine anti-corruption post

Tom Firestone (Image courtesy of Baker & McKenzie)Last week in Ukraine, the Rada (parliament) chose an auditor for the National Anti-Corruption Bureau.  A surprising finalist in the selection process was an American lawyer.

Click to read more ...


Martin Kenney: Eurovision scandal reveals weakness of UBO registers

Image courtesy of The Parkovy Convention and Exhibition Center As if to prove my point that open/public company ownership registers are only as good as the information declared and recorded, news broke last month that a UK office block was home to more than 100 potentially shady companies listed there.

Click to read more ...


Feds close five-year FCPA probe of IBM

IBM said in an SEC filing that the DOJ and SEC have closed their FCPA investigations into transactions in Argentina, Bangladesh, Poland, and Ukraine.

Click to read more ...


OFAC fines Exxon $2 million for violating Russia sanctions, Exxon sues

The Treasury Department's Office of Foreign Assets Control fined Exxon Mobil Corp. $2 million Thursday for signing a joint venture with Russia's Rosneft in "reckless disregard" of Ukraine-related trade sanctions.

Click to read more ...


Teva announces $519 million FCPA settlement

Teva Pharmaceuticals Industries Ltd. agreed Thursday with the DOJ and SEC to resolve FCPA violations through a deferred prosecution agreement and total payments of $519 million.

Click to read more ...