Ericsson settles a long running FCPA enforcement action, coming at No. 2 on the all-time list. Tom lectures Jay about the need for his Patriots to stop cheating (again). They also other of this week’s top compliance and ethics stories which caught their collective eyes.
- Ericsson settles the second largest FCPA enforcement action of all time. Tom takes a deep dive in Part 1-Overview, Part 2-The Bribery Schemes, Part 3-Failures in Internal Controls, Part 4-The Double Whammy in Penalties and Part 5-Lessons Learned. Tom and Matt podcast on internal controls in Compliance into the Weeds. Matt deeps into internal controls in Radical Compliance. Tom and Mike Volkov devote an episode of Why a Duck? to the DOJ Settlement. Mike Volkov also explores on Corruption, Crime and Compliance.
- Ericsson comes in the FCPA Blog’s all-time Top Ten FCPA Enforcements and also Number 2 on the all-time Disgorgement List.
- Jay Clayton backs off his threat to cap SEC whistleblower awards. Kyle Brasseur on Compliance Week (sub req’d)
- Director of Treasury’s anti-money-laundering watchdog calls for Congress to pass corporate transparency legislation. Dylan Tokar in the WSJ Risk & Compliance Journal.
- Jay looks at the birth of the corporate integrity monitor, in CCI.
- Did they look at petty cash? €84MM goes missing from Football Association of Ireland. Jonathan Rausch on Dipping Through Geometries.
- Does better corp governance leader to better corporate agility? Kenneth Lehn in the Harvard Law School Forum on Corporate Governance.
- How and why should you manage your corp culture? Jim DeLoach in CCI.
- CFIUS report to Congress. Lawyers from Simpson Thatcher on NYU’s Compliance and Enforcement
- How to manage risk when the BOD is overconfident? Matt Kelly on Navex Global’s Ethics and Compliance Matters
- Patriots caught cheating again. Do they even care? Max Kellerman on com.
- On the Compliance Podcast Network, Tom had a five part podcast series on the Hughes Hubbard 2019 FCPA and Anti-Bribery Alert. In Part 1, Kevin Abikoff provides and overview of the Alert and explains this year’s theme; in Part 2, Laura Perkins on the year in FCPA; in Part 3, Bryan Sallaman on developments from France; in Part 4 Mark DeBernardis on MDBs and anti-courrption enforcement and in Part 5, Salim Saud on developments in Brazil.
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