Bribery Act »
Monitoring Bribery Risk through the Audit Right Process
With the increased scrutiny on third party relationships from U.S. and foreign regulators, a company’s right to audit the books and records of its third party vendors, agents and other business partners is paramount.
Read More »The CFO Dilemma: Should You Bribe to Survive?
Handing out mooncakes during Chinese New Year to celebrate the festive season is such a common business practice that no one really thinks about it. So last year, a Hong Kong electronics company whose
Read More »Bribery and Corruption – do we need to be worried?
Transparency International released the 2010 Global Corruption Barometer just before Christmas. Included in the report was a statistic that was surprising to many – 4% of the 1291 New Zealand respondents reported paying a
Read More »Transparency International’s Latest Report on Bribery in a Nutshell
Recently published “Deterring and Punishing Corporate Bribery,” and it is worth reading. A meaty 93 pages, the document is full of useful information, from U.K. charging issues to corporate criminal liability principles under
Read More »The Bribery Act: have you acted?
The revised Bribery Act was passed in an attempt by the Government to clamp down on perceived business corruption. Companies and their business advisors have been tasked with ensuring the relevant procedures are now
Read More »Bribery Act – six steps businesses should be taking now
As a business, you may have seen references to the Bribery Act in the press and thought 'Why do I need to worry about this, I don't give or take bribes?' In fact the Act
Read More »Risk assess the pros and cons of Self Reporting
The Bribery Act throws up interesting problems. Most corporates will put in place ‘Adequate Procedures’ to prevent bribery. Successful implementation of these procedures will sometimes lead to awareness of a potential bribery
Read More »Writing on a Blank Slate — Creating an Anti-Corruption Program
What if – and this is a big what if – your company is starting from scratch on its anti-corruption compliance program? Your company’s Code of Conduct includes a paragraph prohibiting foreign bribery and
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