All Anti-Bribery articles

  • kroll abc

    e-Book: 2020 Anti-Bribery & Corruption Benchmarking Report

    2020-04-30T09:30:00Z Provided by

    The report explores how companies tackle their third-party risk, use “enhanced due diligence” to boost their ABC programs, and how much and what types of training they employ to tackle risk.

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    TechnipFMC: $280M is ‘probable estimate’ in global bribery settlement


    U.K.-based company TechnipFMC disclosed in a regulatory filing that it has set aside $280 million, which it says is a “probable estimate” of the aggregate settlement amount with U.S., Brazilian, and French authorities in a global bribery case.

  • Blog

    The Red Flag Group opens office in Paris


    The Red Flag Group, a business intelligence and technology firm, announced the opening of an office in Paris in an effort to help French companies with their anti-bribery and anti-corruption compliance efforts.

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    A country-by-country assessment of bribery risk


    The 2018 TRACE Bribery Risk Matrix has the latest business-related bribery risk figures for countries around the world. Compliance practitioners may want to pay close attention to those countries in which they operate.

  • Blog

    SFO recovers £4.4m from corrupt diplomats in ‘Chad Oil’ share deal


    The Serious Fraud Office announced that it is set to recover millions lost in a corruption case concerning bribes that Griffiths Energy paid to Chadian diplomats in the United States and Canada.

  • Blog

    Opus launches new anti-bribery compliance solution


    Opus, a global compliance and risk management solutions provider, recently launched a new turnkey solution designed to dramatically simplify and speed up the ability to comply with anti-corruption regulations.

  • Article

    China amends, clarifies law addressing commercial bribery


    For the first time in two decades, Chinese regulators have amended the Anti-Unfair Competition Law, giving companies more clarity on what constitutes commercial bribery.

  • Blog

    Airbus to pay €81.25 million to end German corruption probe


    German prosecutors have ordered Airbus to pay a fine of € 81.25 million to end a five-year bribery investigation concerning the sale of Eurofighter aircraft to the Republic of Austria in 2003.

  • Blog

    Novartis responds to ongoing corruption investigations


    Novartis has issued a response concerning ongoing corruption investigations by both Greek and U.S. authorities.

  • Blog

    HSBC to pay $101.5M in front-running scheme case


    U.K.-based global financial services company HSBC Holdings will pay a total of $101.5 million to resolve charges that it engaged in a scheme to defraud two bank clients through a multi-million dollar scheme commonly referred to as “front-running.”

  • Blog

    Dentons launches anti-bribery tool


    Global law firm Dentons recently announced the launch of its groundbreaking interactive web-based tool that puts key aspects of global anti-corruption laws at users’ fingertips, allowing for quick, customizable comparisons across multiple jurisdictions.

  • Article

    SFO vs. Unaoil highlights vital compliance issues


    How the U.K.’s key anti-bribery and corruption agency conducts its ongoing Unaoil investigation may provide compliance officers with helpful insight should they ever find themselves dealing with it in the future.

  • Blog

    Announcing the new FCPA Corporate Enforcement Policy


    The Department of Justice announced today that it will not only make permanent the incentives of its FCPA Pilot Program, but sweetened it with a bonus: the opportunity to receive a declination. More details on the revised FCPA Corporate Enforcement Policy are inside.

  • Blog

    SEC makes an example of Alere


    A recent enforcement action against a medical manufacturer for revenue recognition failures and bribery illustrates some interesting new enforcement trends for the SEC.

  • Blog

    Mastercard releases anti-bribery training film


    Chief ethics and compliance officers seeking real-life stories of corruption that they can embed into their existing online anti-bribery compliance training will want to check out a new anti-bribery training film from Front-Line Anti-Bribery and Mastercard.

  • Article

    Assessing bribery risk country-by-country


    The 2017 TRACE Bribery Risk Matrix is out, designed to help compliance departments assess the likelihood of bribery in each country around the world and better tailor their due diligence practices.

  • Blog

    Transparency International U.K. launches anti-bribery portal


    Transparency International U.K. has launched a new online tool that provides up-to-date and in-depth guidance for businesses in understanding and tackling bribery.

  • Blog

    Guilty plea in PDVSA FCPA case


    A partial owner of several energy companies pleaded guilty this week to foreign bribery charges for his role in a scheme to corruptly secure contracts from Venezuela’s state-owned and state-controlled energy company, Petroleos de Venezuela S.A. (PDVSA).

  • Article

    Righting a wrong: Compliance lessons from Telia


    Telia Company shares in candid detail what compliance lessons it learned following its recent $956 million global bribery settlement. Those in the ethics, compliance, and legal community will want to listen up.