HSBC Compliance So Poor It’d Cause Crime to Reveal It

Bribery:

The FIFA corruption inquiries span the globe, though Latin America has been a prime focus for the probe. Why didn’t Europe act sooner? Germany reportedly sent rocket-propelled grenades to Saudi Arabia to secure the winning vote for the 2006 World Cup. (AFP, Foreign Policy, DW, Daily Mail)

Despite the allegations of bribery, Asian soccer backed Qatar’s 2022 World Cup bid. (Washington Post, Al Jazeera)

One reporter has been on the FIFA story the whole time. (Washington Post)

The FCPAProfessor finds criticism of the BHP case and rounds out the week. Tom Fox talks FIFA. Mike Volkov looks at Washington and encourages employees to do the right thing.

Cybercrime:

Silk Road mastermind Ross Ulbricht filed appeals against his conviction and life sentence. A look at the dark Web is here. (Guardian, NPR)

China denied playing a role in what one U.S. official called the largest-ever theft of U.S. government personnel  data. (McClatchy, NY Times, Washington Post)

U.S. regulators are planning to release a cybersecurity assessment tool. (Thomson Reuters Corporate Compliance Complete)

Source: WSJ

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