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Friday Roundup

By on October 6, 2017 in Amadeus Richers, Angola, Dirk Juergensen, Enforcement Agency Speeches, F.H. Bertling Ltd, FCPA Sentences, Frederic Pierucci, Internal Controls, ISO 37001, Joerg Blumberg, Jose Morreale, Joseph Baptiste, Lars Nyberg, Malcolm Harris, Marc Schweiger, PepsiCo, Peter Ferdinand, Ralf Peterson, Serious Fraud Office, Stephen Emler, TeliaSonera, Unaoil, United Kingdom
Roundup

Interesting, more charges, sentenced, Telia-related, scrutiny alert, ISO-37001 related, across the pond, so true, odd, it can work, and for the reading stack. It’s all here in the Friday roundup.

Interesting

According to this Global Investigations Review report based on documents received through the FOIA process, the DOJ approved $711,800 to spend on Hui Chen’s former compliance consultant position over two years. According to the report, Chen’s salary at the DOJ was greater than the DOJ criminal division chief, the deputy attorney general and the attorney general.

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Scrutiny Alerts And Updates

By on March 24, 2017 in Airbus, Barclays, Cardno, GlaxcoSmithKline, ING, Siriwan, Tesco, Unaoil
scrutiny alert

ING

Netherlands-based ING NV, a company with shares listed on the New York Stock Exchange, recently disclosed:

“ING Bank is the subject of criminal investigations by Dutch authorities regarding various requirements related to the on-boarding of clients, money laundering and corrupt practices. ING Groep has also received related information requests from U.S. authorities. ING Groep and ING Bank are cooperating with such ongoing investigations and requests. It is currently not feasible to determine how the ongoing investigations and requests may be resolved or the timing of any such resolution, nor to estimate reliably the possible timing, scope or amounts of any resulting fines, penalties and/or other outcome, which could be significant.”

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Friday Roundup

By on November 11, 2016 in Collateral Effects, Declination Decisions, General Cable Corp., Misonix, Och-Ziff Capital Management, Quanta Services, Rio Tinto, Rolls-Royce, Unaoil
Roundup

Scrutiny alerts and updates, quotable, ripple, and for the reading stack.

It’s all here in the Friday roundup.

Scrutiny Alerts and Updates

Rio Tinto

Earlier this week, the Australia-based mining company with ADR shares traded on the New York Stock Exchange issued this release.

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Friday Roundup

By on July 22, 2016 in Asset Recovery, DOJ, Enforcement Agency Policy, JPMorgan, Malaysia, SBM Offshore, Unaoil
Roundup

Asset recovery, scrutiny alerts and updates, nominate, and for the reading stack. It’s all here in the Friday roundup.

Asset Recovery

FCPA enforcement is not the only prong of the DOJ’s bribery and corruption fight.

Asset recovery – part of the DOJ’s so-called Kleptocracy Initiative – is another prong and recently the DOJ announced its largest action ever brought under the program. As stated in this release:

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Friday Roundup

By on June 17, 2016 in Compliance, Deferred Prosecution Agreements, Ericsson, Frank’s International, Goldman Sachs, Johnson Controls, Non-Prosecution Agreement, Roberto Rincon, Unaoil
Roundup

Positive feedback, guilty plea, scrutiny alerts and updates, an instrumentality with mouse ears?, rant alert, quotable, and for the reading stack. It’s all here in the Friday roundup.

Positive Feedback

In running FCPA Professor for nearly seven years, I often feel like the captain of a ship in a wide, vast ocean. My metrics tell me people are reading, but feedback tends to be sparse. I take this as a good sign given that negative feedback is more likely to occur than positive feedback.

Thus, I appreciated much positive feedback in connection with the recent post “Denied by the DOJ.”

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