Siemens’ story was a real turning point for the compliance community; the company continues to hold the record for the largest penalties in an international bribery case (a total of $1.6 billion in fines, penalties and disgorgements). Alexandra Wrage speaks with Peter Solmssen, former General Counsel at Siemens, about the misconduct and how the company turned things around.
A congressional investigation is a high-stakes event where the response matters as much as the underlying facts
TIs are informal, but records are kept and they are increasingly being videotaped
Third-party assessments generally considered costliest part of FTC decrees
Illinois’ experience with biometric privacy offers a cautionary tale for companies that keep genetic information in the AI era
