Search

Editors

Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior 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


Connect
FCPA Blog Daily News

Entries in South Korea (57)

Monday
Apr172017

Former South Korea president charged with bribery

Former South Korea President Park Geun-Hye was formally charged with bribery Monday, a month after being removed from office.

Click to read more ...

Friday
Mar102017

Court removes South Korea president for corruption

South Korea's Constitutional Court unanimously ruled Friday that impeached President Park Geun-hye should be removed from office.

Click to read more ...

Friday
Feb172017

Samsung heir arrested for bribery

Lee Jae-yong, the vice chairman of Samsung Group, was arrested and jailed Friday in Seoul on bribery charges.

Click to read more ...

Wednesday
Jan112017

Ban Ki-moon’s brother, nephew face FCPA charges for Vietnam bribe plot

The brother and nephew of former United Nations Secretary-General Ban Ki-moon were charged Tuesday with FCPA and other offenses in connection with the planned $800 million sale of Vietnam's tallest building.

Click to read more ...

Tuesday
Dec202016

Sungyong Kang: South Korea impeachment puts new anti-graft law in the spotlight

The Korean National Assembly agreed this month to impeach President Park Geun-hye based on the influence-peddling scandal of her confidante, Soon-sil Choi.

Click to read more ...

Friday
Aug262016

Lotte Group vice chairman found dead hours before questioning by prosecutors

One of South Korea's top executives was found dead on a walking trail Friday morning in Gyeonggi Province in an apparent suicide.

Click to read more ...

Tuesday
Aug162016

Compliance Alert: Hospitality and hiring in South Korea

We've talked about South Korea's foreign bribery laws and we looked at specific compliance risks related to gift giving, rebates, and kickbacks. In this post we'll look at enforcement actions in South Korea and what specific steps can reduce compliance risks there.

Click to read more ...

Thursday
Aug112016

Compliance Alert: Gift-giving, rebates and kickbacks in South Korea

It is customary to send gifts and make cash donations in the regular course of business in South Korea. Exchanging gifts is a deeply rooted custom in Korean society, and this practice has historically been the source of various compliance issues for multinational companies operating in South Korea.

Click to read more ...

Wednesday
Aug102016

Practice Note: A new look at South Korea's foreign bribery laws

South Korea has adopted the Foreign Bribery Prevention in International Business Transactions Act (FBPA), pursuant to its adherence to the Organization for Economic Co-operation and Development (OECD) Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.

Click to read more ...

Tuesday
Nov102015

DOJ returns $1 million in forfeited bribe money to South Korea

Former South Korea President Chun Doo HwanThe Department of Justice returned $1.1 million in forfeited assets to the government of the Republic of Korea Monday. 

Click to read more ...

Tuesday
Sep292015

Legal wreckage swells from VW's colossal compliance failure (with video)

So far, the federal government and 28 U.S. states have opened investigations into VW's emission test cheating. Other countries investigating VW or its former CEO include South Korea, Switzerland, France, Italy, and Germany.

Click to read more ...

Wednesday
May062015

South Korea company penalized $360 million for plot to steal DuPont Kevlar trade secrets

Kolon Industries Inc. pleaded guilty Friday in federal court in Alexandria, Virginia to conspiracy to steal trade secrets involving E.I. DuPont de Nemours & Co.’s Kevlar technology. 

Click to read more ...