Former Prosecutor Daniel Fetterman Speaks Out About Princelings Investigations

The government continues to scrutinize hiring practices at banks, looking for evidence that banks are hiring the relatives of foreign officials in exchange for business advantages.  Banks are pushing back against these “princeling” investigations, reportedly lobbying the government and accusing the regulators of overreaching.   The Anti-Corruption Report spoke with Daniel Fetterman, a partner at Kasowitz, Benson, Torres & Friedman, about when the hiring of princelings crosses the line; best practices for hiring; and his views on the government’s investigation and its effect on other industries.  See “Friendly Relations? When Nepotism May Violate the FCPA” (Oct. 17, 2012).

To read the full article

Continue reading your article with an ACR subscription.