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.
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 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.
Posted inRegulatory Enforcement
Compliance insights from a massive trading loss
Kweku Adoboli is the former UBS trader who took positions that led the firm to sustain a $2.3 billion dollar loss—as he dryly noted, “for which I took responsibility in September 2011—and to my eventual imprisonment.” What are the cultural lessons for compliance?
Posted inAnti-Bribery
Public company scrutiny under the FCPA
A look at what could happen should Uber ever go public in terms of the books-and-record provision under the Foreign Corrupt Practices Act.
Posted inAnti-Bribery
Third-Party Risk Management Summit takes a deep dive
Get a recap of the Third-Party Risk Management and Oversight Summit, hosted by Financial Risk Associates and Compliance Week, which took an in-depth look at what companies are doing to manage third-party risks both on the sales and supply chain sides.
Posted inAnti-Bribery
The hard truths of the SQM enforcement action
The FCPA shows just how far its authority can extend when it comes to companies that blatantly disregard U.S. anti-corruption law.
Posted inAnti-Bribery
Brazil’s new approach to compliance
Brazil is taking a page out of U.S. businesses’ books and moving from paper compliance programs to actually doing compliance.
Posted inAnti-Bribery
New foundation to protect sports whistleblowers
A venture capitalist, a former United States federal prosecutor, and an Olympic gold medalist have formed a non-profit foundation, Fair Sport, to help mitigate risk for whistleblowers in the wide, wide world of sports.
Posted inAnti-Bribery
Venezuela investigates PDVSA for corruption
A look at the ironic Venezuelan investigation into corrupt company Petróleos de Venezuela SA.
