Brazil

  • Blog post

    SBM Offshore signs leniency agreement with Brazilian authorities, Petrobras

    2018-07-30T14:30:00Z

    Dutch oil and gas services company SBM Offshore said it has reached a leniency agreement with Brazilian authorities to resolve allegations relating to the Petrobras bribery scandal.

  • Blog post

    A fine mess in Brazil (and Houston)

    2018-07-25T08:30:00Z

    A legal battle between Vantage Drilling and Petrobras, Brazil’s state-owned oil company, has put a new twist on contract challenges and FCPA violations

  • Blog post

    Vantage Drilling reaches ‘agreement in principle’ with SEC in FCPA case

    2018-05-09T10:15:00Z

    Offshore drilling contractor Vantage Drilling Co. has “reached an agreement in principle” with the Securities and Exchange Commission regarding a previously disclosed investigation into potential violations of the Foreign Corrupt Practices Act.

  • bestof-2017
    Article

    Year in review: 2017

    2018-01-02T11:00:00Z

    Compliance Week looks back at the last 12 months and offers a glimpse at some of the biggest news stories in compliance, governance, risk, and ethics.

  • Blog post

    Keppel Offshore to pay $422M to resolve bribery case

    2017-12-26T21:45:00Z

    Singapore-based Keppel Offshore & Marine and its wholly owned U.S. subsidiary will pay a combined $422 million criminal penalty to resolve charges with authorities in the United States, Brazil, and Singapore arising from a decade-long to pay millions of dollars in bribes to officials in Brazil.

  • Blog post

    SEC, ICO scams, and Bitcoin

    2017-12-08T10:15:00Z

    This week: Bitcoin shows no signs of stopping as it hits more records, the SEC makes first moves against ICO scams, and a Brazillian mayor tries to govern via WhatsApp.

  • Blog post

    Staying home to avoid justice?

    2017-11-20T16:00:00Z

    “Honey, I think we should stay at home for Christmas this year.” This is the line that may well have been said by Marco Polo Del Nero, the president of the Brazilian Soccer Federation to his wife, after having been indicted on money laundering charges, but not subject to extradition ...

  • Blog post

    Those pesky hot mikes and insider-trading laws

    2017-09-17T18:15:00Z

    Inside is a look at the actions of the Batista brothers, leaders of corrupt firm JBS, which highlights a part of any corruption resolution across the globe: If you hold back information from the government, you will be subject to prosecution for those crimes as well.

  • Blog post

    For leniency, confess all crimes

    2017-09-05T16:45:00Z

    The JBS meat-packing scandal is a perfect example of why companies must provide every single shred of evidence of criminal conduct, or a plea agreement might not be worth much.

  • Blog post

    First step to end the Car Wash investigation?

    2017-07-17T10:30:00Z

    The will to continue the fight against institutional corruption in Brazil may be waning. From the perspective of The Man From FCPA, it appears that it is the beginning of the end for the seismic change that has come over the country starting with Operation Car Wash.