FCPAméricas Blog
Archive for The FCPA Professor category:
Reflections on BizJet: When Shoes Keep Dropping
6.19.2013
Today’s guest post is from anti-corruption attorney Matthew Fowler who formerly worked as a compliance officer at a multinational defense company. In April, two executives of BizJet pled guilty to FCPA violations related to bribing foreign officials in Mexico, Panama, and Brazil. BizJet is an aircraft maintenance, repair, and overhaul company based in Tulsa, Oklahoma. […]
Comments | 
Print This Post
| | Read more...
When the CEO Says No to Compliance: FCPA Insights from Watergate’s Egil “Bud” Krogh
10.30.2012
A recent video posted by the Markkula Center of Applied Ethics highlights one of the most difficult ethical issues facing FCPA compliance officers – doing your job when the CEO does not want you to. FCPAméricas previously discussed the issue here. In the video, the former CFO of RAE Systems, Randall Gausmann, who also oversaw […]
Comments | Print This Post
| | Read more...
Why Tyco Got Off Easy
10.03.2012
We do not know for sure why Tyco received only a non-prosecution agreement (NPA) instead of a deferred prosecution agreement (DPA), or how it avoided a monitor. But the treatment is notable. Even the FCPA Professor, often critical of the approach of FCPA enforcement, appears to have found the results commendable. He calls the action […]
Comments | Print This Post
| | Read more...
D&O and FCPA: What underwriters should know about assessing corruption risk
4.13.2012
Increasingly, the insurance industry is exploring the possibilities of extending directors and officers (D&O) liability insurance to costs associated with investigations of potential U.S. Foreign Corrupt Practices Act (FCPA) violations. Earlier this week, the FCPA Professor published a helpful interview with one broker who now offers a policy that funds certain costs resulting from any […]
Comments | Print This Post
| | Read more...
Poor Regulatory Quality — A Corruption Red Flag?
3.07.2012
Indicators show that, compared to other regions of the world, Latin American countries generally have poor regulatory regimes. The World Bank Doing Business 2012 report ranks Latin American countries, on average, in the bottom half worldwide for regulatory quality. That reports compares 183 economies by measuring the clarity, predictability, and efficiency of regulations that apply […]