Welcome to Compliance Hot Spots, our weekly snapshot on white-collar, regulatory and compliance news and trends. Today, the terror financing case against a French cement company may be particularly “extreme,” in the words of DOJ officials, but it carries broader compliance lessons. Plus, what the DOJ fraud section chief had to say in his interview since returning to the Justice Department and Cravath hires a former FTC commissioner to co-lead its antitrust practice. Please get in touch with tips and feedback. Contact me at [email protected] and @AGoudsward on Twitter.

United States Attorney for the Eastern District of New York Breon Peace, center, speaks during a press conference in regards to cooperation between French cement company Lafarge and the Islamic State group at the U.S. Attorney’s Office, Tuesday, Oct 18, 2022, in New York. Photo: Yuki Iwamura/AP

Lessons from Lafarge’s ‘Deal with the Devil’

“A deal with the devil.”