2017 has not been a good year for European aircraft manufacturer Airbus, whose corruption and bribery scandal has instigated anti-corruption policies and government probes in the airline industry.
Tom Fox
Thomas Fox has practiced law for over 40 years. Tom writes the daily award-winning blog, the FCPA Compliance and Ethics blog and founded the Compliance Podcast Network. Tom leads the discussion on AI in compliance through his best-selling book Upping Your Game. He has 38 other books on the use of AI in compliance and business ethics, leadership including the seminal work, The Compliance Handbook, with its 7th edition coming out in 2025. He is the founder of the award-winning Compliance Podcast Network.
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Posted inAnti-Bribery
Whistleblowers at KPMG and Barclays—a contrast in style
The recent termination of six KPMG employees for receiving (and failing to report) improper advance information of PCAOB audits stands in stark contrast to actions taken after someone blew the whistle at Barclays Bank. A look at their responses is inside.
Posted inRegulatory Enforcement
Compliance expertise on the board of directors
The recent corporate scandal at Wells Fargo highlights the need for boards of directors to have a committee devoted to compliance.
Posted inFrom the Archive
Barclays CEO didn’t know it was illegal?
Barclays CEO James Staley is claiming ignorance, saying he didn’t know it was inappropriate to attempt to unmask the identity of an anonymous corporate whistleblower and is now facing the consequences.
Posted inEthics & Culture
What will a code of conduct bring to British cycling?
Despite stunning successes by the British cycling team in both the Tour de France and recent Olympic games, several allegations haunt the team.
Posted inRegulatory Enforcement
Flying the (not so) friendly skies of United
United Airlines seems to be battling an internal cultural issue, as recent events suggest. The beleaguered airline is once again in the news—this time for forcing a paying passenger off a flight to make room for its own staff.
Posted inRegulatory Enforcement
Acquisitions, data privacy, and national security concerns
The attempted takeover of the U.S. company MoneyGram International Inc. by China-based Ant Financial Services raises regulatory concerns and questions.
Posted inRegulatory Enforcement
Conflict of Interest—the revolving door turns both ways
A look at the case of U.K. entity HS2, the taxpayer-owned company building Britain’s new high-speed rail line, which recently revoked a key contract amid allegations of conflicts of interest involving the U.S. engineering firm CH2M.
Posted inRegulatory Enforcement
Toshiba—a culture of lies?
Shareholders react strongly to Toshiba’s announcement of its intention to take a $9 billion loss for the year and the chapter 11 bankruptcy filing by Westinghouse Electric Co., a U.S. nuclear-plant builder 87-percent-owned by Toshiba.
Posted inAnti-Bribery
Corruption affects everyday lives in South America
As the Petrobras and Odebrecht corruption scandals continue to be investigated and enforcement actions abound, The Man From FCPA considers some of the societal costs of systemic bribery and corruption.