In a very interesting development from the Odebrecht corruption scandal, federal prosecutors in Brazil and ten other countries recently announced they had agreed to cooperate in ongoing investigations surrounding the company, writes The Man From FCPA Tom Fox.
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
On the evaluation of corporate compliance programs
Tom Fox looks at the Justice Department’s “Evaluation of Corporate Compliance Programs,” an 11-part list of questions that encapsulates the Justice Department’s most current thinking on what constitutes a best practices compliance program.
Posted inAnti-Bribery
Global anti-corruption enforcement numbers going up
Tom Fox discusses the reasons behind the rise in anti-corruption enforcement and the latest actions by the Securities and Exchange Commission and Department of Justice.
Posted inRegulatory Enforcement
Individual prosecutions as deterrence
Perhaps it’s not the penalties and fines, but rather the individual prosecutions that deter bad behavior. The Man From FCPA Tom Fox reports.
Posted inFrom the Archive
The Fourth Estate and the fight against corruption
‘When one plank of the fight against bribery and corruption’ falters, the media steps in. Tom Fox looks at the press’s role in fighting crime.
Posted inAnti-Bribery
Why bribery is bad for business
The Man From FCPA Tom Fox explores what happens when a company’s foundation is shaky and illegal.
Posted inAnti-Bribery
Romanians take a stand against corruption
What does the Romanian people’s revolt against igovernment’s proposal to decriminalize bribery and corruption within the country mean on a larger scale? The Man From FCPA Tom Fox says they have earned the right to say to Washington: “the whole world is watching.”
Posted inRegulatory Enforcement
Massive fraud at BT Italia—the work of a few rogue employees?
The BT Italia scandal involved failures at all three levels of defense in the fraud arena: management, internal audit, and outside auditors. The Man From FCPA Tom Fox explores.
Posted inAnti-Bribery
Brazil’s once wealthiest man arrested in continued Car Wash fallout
Tom Fox has the details on the arrest of Eike Batista, once the wealthiest man in Brazil, who stands accused of paying significant bribes to the former governor of Rio de Janeiro state as part of the country’s landmark investigation into bid-rigging at state-controlled oil company Petrobras.
Posted inRegulatory Enforcement
Wells Fargo fallout: More board oversight of risk management?
The Wells Fargo fraudulent accounts scandal is enforcing a good trend: shareholder activism directed at the board for better risk management. Tom Fox reports.
