All Anti-Corruption articles – Page 7

  • RUSIcrop
    Article

    SFO Director Lisa Osofsky on fighting corruption

    2019-04-08T20:29:00Z

    In remarks made on 3 April at the Royal United Services Institute in London, Serious Fraud Office Director Lisa Osofsky discussed the agency’s recent efforts and what she has learned on the job so far.

  • AccountingScandals
    Article

    Roadrunner executives charged with accounting fraud

    2019-04-08T20:21:00Z

    The SEC and the Department of Justice brought civil and criminal charges against three former executives of transportation company Roadrunner Transportation Systems for their alleged role in a complex securities and accounting fraud scheme that resulted in a loss of more than $245 million in shareholder value.

  • RussiaJusticeFeature
    Article

    Troika Laundromat reveals the gaps in AML compliance

    2019-04-01T18:36:00Z

    A recent report from several investigative journalists details the AML scandal behind Troika Dialog, once Russia’s largest private investment bank, and is just one small look into the much bigger problem of corruption across the globe.

  • CorruptGlobeFeature
    Article

    Fresenius Medical Care to pay $231M to resolve FCPA case

    2019-04-01T18:22:00Z

    German healthcare company Fresenius Medical Care reached a $231 million settlement with U.S. authorities for violations of the Foreign Corrupt Practices Act for participating in various corrupt schemes across multiple countries that went undetected for more than a decade.

  • Columnist_Fox
    Article

    South America cleans up its act

    2019-03-27T21:41:00Z

    A look at key investigations and enforcement actions in South America and Mexico in the past four years signifies a changing legal landscape that offers compliance lessons in advancing third-party anti-corruption compliance.

  • WorldBankGroup
    Article

    World Bank Group debars for one year Vietnamese water and sewerage company

    2019-03-27T21:27:00Z

    The World Bank has imposed a one-year debarment on Vietnamese, state-owned water and sewerage company Vietnam Water and Environment Investment Corporation – JSC.

  • DOJ
    Article

    A closer look at the revised FCPA Corporate Enforcement Policy

    2019-03-26T21:34:00Z

    The Department of Justice in recent months has made several notable revisions to its FCPA Corporate Enforcement Policy surrounding M A, messaging apps, and much more.

  • Nokia
    Article

    Nokia discloses Alcatel-Lucent compliance issues

    2019-03-22T15:06:00Z

    Following its 2016 acquisition of Paris-based telecommunications company Alcatel-Lucent, Nokia disclosed in a filing with the Securities and Exchange Commission that it has “been made aware of certain practices relating to compliance issues at the former Alcatel-Lucent business that have raised concerns.”

  • Globalbribery
    Article

    A global look at anti-bribery enforcement activity

    2019-03-20T15:14:00Z

    TRACE International’s 2018 Global Enforcement Report serves as an insightful resource for companies seeking information on which countries are enforcing anti-bribery laws and which countries are beleaguered by bribery and corruption issues.

  • AngryShareholders
    Article

    Interserve: Carillion Part II

    2019-03-19T18:33:00Z

    In an almost carbon copy of the Carillion collapse, peer contracting firm Interserve went into administration on Friday due to a majority of its shareholders rebelling against a debt cancellation deal that would have seen their investment at even lower levels than the deal that was finally agreed to.

  • Liar
    Article

    Bipartisan effort would double SEC statute of limitations for fraud

    2019-03-15T19:35:00Z

    Senators Mark Warner (D-Va.) and John Kennedy (R-La.) have introduced the Securities Fraud Enforcement and Investor Compensation Act—the bipartisan legislation that would extend the window of time the SEC can pursue post-fraud claims for investors from five years to 10.

  • VWcrop
    Article

    SEC charges Volkswagen in emissions-cheating scandal

    2019-03-15T19:30:00Z

    The SEC has charged Volkswagen, two of its subsidiaries, and its former CEO, Martin Winterkorn, with defrauding U.S. investors by making deceptive claims about the environmental impact of the company’s “clean diesel” fleet.

  • David Lefort
    Article

    Insider threats often are hardest to detect

    2019-03-15T19:26:00Z

    In his latest editorial, Compliance Week Editor in Chief Dave Lefort applies what he learned at CW West to recent insider scandals and provides several compliance-related takeaways.

  • Whistle
    Article

    EU whistleblower protections closer to fruition

    2019-03-13T20:27:00Z

    As EU whistleblower protections inch closer, Neil Hodge provides an in-depth look at exactly what they will cover.

  • selfreportcooperation
    Article

    CFTC issues enforcement advisory on self-reporting and cooperation

    2019-03-11T14:33:00Z

    The Commodity Futures Trading Commission Division of Enforcement has issued an enforcement advisory that provides clarity concerning the benefits of self-reporting and cooperation related to violations of the Commodity Exchange Act involving foreign corrupt practices.

  • Miami
    Article

    FBI creates new International Corruption Squad in Miami

    2019-03-07T16:51:00Z

    Citing the success of its three other international corruption squads operating around the country, the Federal Bureau of Investigation has announced the creation of a fourth dedicated international corruption squad, this one based in its Miami Field Office.

  • Article

    Willkie Farr & Gallagher launches compliance app

    2019-03-06T16:43:00Z

    International law firm Willkie Farr Gallagher LLP announced the launch of its web-based resource application for multinational companies, attorneys, and compliance professionals.

  • /img/field/image/rollsroycehome
    Blog post

    SFO faces criticism for closing Rolls-Royce, GSK cases

    2019-02-22T11:30:00Z

    The U.K. Serious Fraud Office closed two long-running bribery and corruption cases against Rolls-Royce and GlaxoSmithKline—a decision that casts further doubt around the effectiveness of the SFO’s investigatory powers and makes companies question the purpose of entering a deferred prosecution agreement at all.

  • /img/field/image/prison
    Article

    Prison time for U.K. bosses who botch pension scheme management

    2019-02-15T09:30:00Z

    The U.K. government says those executives who mismanage company pension schemes could face a jail sentence of up to seven years.

  • /img/field/image/ticorruptionindex
    Article

    A region-by-region look at corruption risk

    2019-02-01T10:30:00Z

    Most regions around the world are making little effort in their fight against corruption—and the United States is no exception—according to Transparency International’s newly released 2018 Corruption Perceptions Index.