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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


FCPA Blog Daily News

Entries in South Korea (60)

Tuesday
Aug292017

Andy Spalding: The South Korea revolution continues

Samsung's Lee Jae-yongFriday’s conviction of Lee Jae-yong, the de facto head of South Korea’s flagship Samsung conglomerate, marked yet another dramatic step in the country’s anti-corruption revolution.

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Friday
Jun092017

Andy Spalding: On gift giving, the rule of law, and the human heart

Prof Andy SpaldingThe anti-corruption movement is plainly a global net gain. We’re working together to make economies more efficient, governments more representative, companies more ethical, and people more trustworthy and trusting. 

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Friday
Apr282017

South Korea fines Novartis $48 million for doctor kickbacks

South Korea Thursday fined Swiss pharma Novartis $48.3 million for paying doctors kickbacks to prescribe the company's drugs.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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