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Code of Conduct – The Cornerstone of Your FCPA Compliance Program
The cornerstone of a Foreign Corrupt Practices Act (FCPA) compliance program is the US Federal Sentencing Guidelines (FSG). They contain seven (7) basic compliance elements that can be tailored to fit the needs and
Read More »The ethical dilemma: Saying no to corruption
Normally, financial corruption between the public sector and the private sector is condemned on moral and legal grounds. This is what we said in the first part of this article and then we also
Read More »Fifa corruption intrigue deepens as Brazil’s Ricardo Teixeira resigns
The intrigue enveloping Fifa has deepened with the resignation of Ricardo Teixeira, president of the Brazilian football confederation (CBF) for 22 years and a long-time powerful figure within football's world governing body. Under pressure
Read More »Calling Time on Corruption
With the cost to Africa of fraudulent practices estimated at 25 per cent of its gross domestic product, serious steps are now being taken to stop the rot. Has Africa got a grip on
Read More »Global Anti-bribery and Corruption Survey 2011
Bribery and corruption exist in all parts of the world in varying degrees. KPMG International commissioned a survey of 214 executives in the U.S. and the UK to identify their most vexing anti-bribery and
Read More »The True Costs of Corruption
The World Bank estimates that corruption may cost the world economy about a $1 trillion a year. In more practical terms, as the chart below shows, corruption in some countries is robbing the world’s
Read More »Corruption continues to be the most common ethical issue for business
Siemens, Alstom, Citigroup, Torex Retail, Innospec – just some of the companies who were recently named and shamed by the media for incidences of bribery, corruption and fraud. The Institute of Business Ethics’ latest Briefing,
Read More »FCPA Reform and Corporate Leniency
As the calls for FCPA reform grow louder, I thought it would be timely to examine one of the more significant FCPA reform proposals: Robert W. Tarun and Peter P. Tomczak, Baker & Mckenzie
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