Foreign Corrupt Practices Act »
Ten things you should know about business ethics and anti-corruption in the Middle East
1. Two thirds of respondents to Ernst & Young’s recently commissioned report on fraud and corruption in the Middle East said that fraud and bribery was a “major problem“ in the Middle East, but
Read More »Transparency International Issues UK Bribery Act Guidance on Mergers, Acquisitions and Investments
As a consequence of the entry into force of the Bribery Act 2010 (the Act) on 1 July 2011, for the first time, anti-bribery due diligence has become a necessity for companies undertaking mergers,
Read More »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 »UK Bribery Act sees no prosecution one year on but compliance efforts heighten
Despite much fanfare surrounding the promulgation of the UK Bribery Act 2010 (the UK Act) nearly a year ago, there have so far been no prosecution either of corporates or individuals under the law.
Read More »Business forum: Good companies don’t bribe. Period.
The anti-bribery standards Congress enacted 35 years ago help both U.S. businesses and global development. For many years, Minnesota and its business community have proudly been leaders in instituting ethical business practices and promoting human
Read More »Combating Corporate Corruption Risk in Latin America
How are companies combating the risk of corruption when doing business in Latin America? A new survey of corporations throughout the region reports an increase in the adoption of compliance measures and greater awareness
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 »Protecting against bribery and corruption when exporting to foreign markets
If you’re going to expand your business and become an exporter, you’d better learn to manage bribery and corruption risk in foreign markets. This expert advice will help you protect your business if the
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