All Anti-Bribery articles – Page 15
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Blog
Companies Lack Transparency on Foreign Operations, Report Says
The world’s largest companies don’t disclose much information about operations outside their home country and are often tight-lipped about anticorruption efforts, says a new report from Transparency International. The lack of granularity, it adds, will leave the largest oil, gas, and mining companies ill-prepared for forthcoming rules from the European ...
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Blog
TRACE Launches Business Bribery Risk Index
Image: Title: WrageNov. 11—TRACE International has announced the launch of the TRACE Matrix, a business bribery risk index aimed at the compliance community. Developed in collaboration with research firm RAND, the TRACE Matrix focuses specifically on business activity, rather than broad corruption measures, providing companies with the ability to assess ...
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Blog
Report: Most Countries Lag in Anti-Corruption Enforcement
Image: Title: UgazA recent report from Transparency International finds that only four of 41 OECD member countries—United States, United Kingdom, Germany, and Switzerland—actively investigate and prosecute companies for bribery and corruption violations, whereas most others do little or no enforcement. “For the anti-bribery convention to achieve a fundamental change in ...
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Blog
Brazil Gets Praise and a Push from OECD on Anti-Bribery Efforts
Oct. 30—Brazil is getting both a pat on the back and a push forward from the Organisation for Economic Co-operation and Development regarding its anti-bribery efforts. OECD’s Working Group on Bribery said this week that Brazil “must build on the positive momentum” started with its new Corporate Liability Law and ...
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Blog
U.K. Fraud Office’s GC Offers Advice to Corporates for DPAs
Image: Title: GreenOct. 29—The general counsel for the U.K.’s Serious Fraud Office has provided some advice for companies interested in taking advantage of newly approved deferred-prosecution agreements if faced with an investigation from the SFO. Alun Milford, the SFO’s general counsel, said in a speech that the key factors for ...
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ArticleMany Countries, One Compliance Approach
The Compliance Week Europe conference, an annual event held last week in Brussels, drew attendees from 22 countries, many of whom represented companies that do business in an even greater number of nations. Building and maintaining an effective compliance program that is consistent across multinational borders is not an easy ...
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Article
Britain Plans Law to Criminalize Failure to Prevent Financial Crimes
U.S. companies with ties to Britain could face criminal charges in the United Kingdom if they fail to prevent a wide range of financial crimes—including fraud and money laundering—under new laws that the government is planning.The idea is to model the new rules on existing provisions in the U.K. Bribery ...
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