Search

Editors

Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Harry Cassin Managing Editor


Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in China (805)

Thursday
Jul052018

Credit Suisse settles ‘princeling program’ FCPA offenses for $76.7 million

Credit Suisse Group AG and its Hong Kong unit agreed Thursday to pay the DOJ and SEC $76.7 million for a referral hiring scheme that violated the Foreign Corrupt Practices Act.

Click to read more ...

Monday
Jun112018

Gerry Zack: Those are not Compliance Officers at ZTE

As reported on the FCPA Blog on June 7, in the Commerce Department’s announcement of its settlement with ZTE Corporation, it referred to a requirement for ZTE to “retain a team of special compliance coordinators selected by and answerable to” the Commerce Department for ten years.

Click to read more ...

Thursday
Jun072018

Deal announced for U.S. to embed ZTE compliance group for 10 years

Secretary of Commerce Wilbur Ross said Thursday that China's ZTE will pay $1 billion in penalties, put $400 million in escrow, and accept a U.S.-appointed compliance department.

Click to read more ...

Tuesday
May292018

U.S. to ZTE: Hire American compliance officers

Commerce Secretary Wilbur Ross said a deal the Administration has reached with China's ZTE to restore its U.S. trading rights includes creating a new compliance department that's staffed with American compliance officers.

Click to read more ...

Tuesday
May222018

Is China trying to corrupt the UN?

Last week, Ng Lap Seng, a billionaire real estate developer from Macau, was sentenced to four years in federal prison for bribing two UN bigshots.

Click to read more ...

Wednesday
May162018

Eric Carlson: The risky world of real and fake chops, seals and stamps 

The prior post provided an overview of chops in China. This post focuses more specifically on how chops can be misused and how that risk can be mitigated.

Click to read more ...

Tuesday
May152018

Eric Carlson on China chops, seals and stamps: What do they mean for compliance?

Anyone who has viewed a contract or official document in China may have noticed a bright red circle in the signature block. This is often called a “chop” -- alternatively translated as “seal” or “stamp.” This post describes what these chops are and how they can be used and misused by employees.

Click to read more ...

Monday
Apr232018

Dun & Bradstreet pays $9 million to resolve China FCPA offenses

Dun & Bradstreet Corporation agreed Monday to pay more than $9 million to resolve Foreign Corrupt Practices Act charges arising from improper payments made by two Chinese subsidiaries.

Click to read more ...

Monday
Apr162018

U.S. hits ZTE with ‘denial of export privileges’ for violating sanctions settlement

The U.S. Department of Commerce Monday imposed a denial of export privileges against ZTE and a related company for seven years for failing to comply with settlement terms in an earlier sanctions case.

Click to read more ...

Monday
Apr092018

Chinese scientist jailed 10 years for stealing GMO rice

A Chinese scientist was sentenced to 121 months in federal prison for trying to steal samples of a variety of rice seeds from a Kansas bio-pharma research lab.

Click to read more ...

Thursday
Mar292018

Eric Carlson: Expect more anti-corruption enforcement in China

China’s biggest government reorganization in a generation, coinciding with rapidly escalating U.S.-China trade tensions, will impact many aspects of doing business in China, including an uptick in anti-corruption enforcement.

Click to read more ...

Monday
Mar122018

Eric Carlson: In China investigations, messaging platforms can be a goldmine or a landmine

Anyone who has spent much time in China or dealt with investigations in China has probably heard of WeChat, a social media application. WeChat has over 900 million daily users, making it far and away the most ubiquitous social media platform in China. 

Click to read more ...