All anti-corruption articles – Page 2

  • Blog

    FIFA sends a letter

    2018-01-30T13:00:00Z

    Under the FCPA  there must be more than simple communication of instructions to not engage in bribery and corruption. Yet, FIFA only wagged its finger and said “do not engage.” Makes one wonder if the organization is actually ready to change.

  • Article

    Argentina passes tough new anti-corruption law

    2018-01-30T12:15:00Z

    Long criticized for looking the other way on graft, Argentina now requires companies doing business there to build strong anti-corruption programs, and plans to enforce it, as well.

  • Article

    Preventing corruption in the mining sector

    2018-01-23T10:30:00Z

    A global study from Transparency International explores what causes corruption in the mining sector and what the compliance function can do to help prevent it.

  • Blog

    SFO charges two in Unaoil investigation

    2017-11-17T14:00:00Z

    The U.K. Serious Fraud Office this week charged two individuals in relation to the ongoing Unaoil investigation.

  • Article

    A look at corruption risk in Latin America

    2017-10-24T13:30:00Z

    Two new corruption reports, assessed together, provide compliance officers and risk officers a comprehensive look at bribery risk in the Latin America and Caribbean region.

  • Blog

    Car bomb kills ‘Panama Papers’ journalist

    2017-10-17T10:30:00Z

    Daphne Caruana Galizia, a relentless advocate for exposing the truth about corruption on the island of Malta and who helped expose its ties to offshore tax havens linked to the Panama Papers, has been killed in a car bombing.

  • Article

    Assessing bribery risk country-by-country

    2017-10-17T09:45:00Z

    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.

  • Article

    Righting a wrong: Compliance lessons from Telia

    2017-10-03T14:15:00Z

    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.

  • Article

    Report: Anti-bribery compliance gaining steam

    2017-09-19T16:15:00Z

    A new benchmark report jointly conducted by Compliance Week and Steele Compliance Solutions looks at companies’ anti-bribery and anti-corruption programs.

  • Blog

    Eni spills about its growing global bribery probe

    2017-09-19T13:00:00Z

    A report filed this month by Italian oil giant Eni shows how corruption allegations against it now include Nigeria, Iraq, Kazakhstan, Algeria, and Congo. The number of enforcement authorities, employees, and subsidiaries involved is also spreading.

  • Blog

    Braskem settles bribery class action for $10 million

    2017-09-15T14:15:00Z

    Brazil-based petrochemical giant Braskem has reached a $10 million proposed settlement with U.S. investors for concealing its role in a bribery scheme involving state-owned oil company Petrobras.

  • Blog

    Stericycle faces FCPA probe

    2017-08-14T10:30:00Z

    Stericycle, a medical-waste disposal company, disclosed in a recent securities filing that it is being investigated by the Securities and Exchange Commission and the Department of Justice for potential violations of the Foreign Corrupt Practices Act concerning the company’s operations in Latin America.

  • Article

    SFO announces Rio Tinto corruption investigation

    2017-08-08T12:00:00Z

    Rio Tinto faces large fines if it is found to have engaged in corrupt activity over its massive Simandou iron-mining project in Guinea. Heads have already rolled over it.

  • Article

    England: land of crooks or land of enforcement?

    2017-07-18T14:15:00Z

    There have been an awful lot of chief executives hauled to court recently in England, which begs the question: Why so many, and why now?

  • Blog

    First step to end the Car Wash investigation?

    2017-07-17T10:30:00Z

    The will to continue the fight against institutional corruption in Brazil may be waning. From the perspective of The Man From FCPA, it appears that it is the beginning of the end for the seismic change that has come over the country starting with Operation Car Wash.

  • Blog

    G20 to intensify fight against corruption

    2017-07-10T12:15:00Z

    Leaders of the G20 met over the weekend to address major global economic challenges. On the agenda: a pledge to make their public administrations more resilient against corruption, ensuring that both companies and individual perpetrators are held to account.

  • Article

    Brazil’s largest corruption investigation in history hits new heights … and lows

    2017-07-05T11:00:00Z

    As Brazilian investigators look into massive corruption between public officials and one of the country’s biggest companies, scandal-weary Brazilians wonder when this will all end.

  • Blog

    FCPA enforcement-giving confidence to financial markets

    2017-07-03T13:00:00Z

    Judge Stanley Sporkin’s foresight in enacting the Foreign Corrupt Practices Act in the correct manner is a big reason behind why there is a large amount of confidence in U.S. companies.

  • Article

    Auto industry choking on its own fumes

    2017-06-13T11:00:00Z

    Volkswagen gets all the stick for being a problem child of the auto industry, but plenty of automakers have compliance issues of their own. A look at some key auto maker probes is inside.

  • Article

    Incentivising ethics: Lessons from Wells Fargo

    2017-06-06T13:15:00Z

    A recent report from Transparency International outlines how incorporating five key principles into an incentives program can help organizations keep from becoming the next Wells Fargo.