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Asian Companies Playing with FCPA Enforcement Fire

corruptionbribery December 10, 2012 0

In the midst of all this hullabaloo about the FCPA Guidance, an important survey was recently released by Kroll which confirmed my worst fears – despite all of the enforcement actions, all of the

No More Ifs, Ands, and Buts — Anti-Corruption Compliance Now

corruptionbribery December 7, 2012 0

The FCPA Guidance could not have been clearer; it could not have offered more incentives and carrots to the business community. If you adopt and implement an “effective” compliance program, you will receive

Bribery, corruption key compliance risks to pharma cos: KPMG India Fraud Survey 2012

corruptionbribery December 6, 2012 0

Procurement, sales & distribution and inventory amongst top three most vulnerable processes to fraud risks in the sector Corporate India’s unwillingness to see fraud as a strategic risk poses a grave threat to firms as

Three Important Lessons from the FCPA Guidance for Pharmaceutical and Medical Device Companies

corruptionbribery December 5, 2012 0

The US Chamber of Commerce “praised” the FCPA Guidance. The Chamber did not get what it wanted but it had to recognize that the FCPA Guidance was helpful for businesses. The FPCA

Corruption, bribery, frauds: Indian firms worst hit

corruptionbribery December 4, 2012 0

India has the second highest number of fraud-hit companies, according to a report by global advisory firm Kroll. Theft of physical assets or stock was the most frequent (27%) type of fraud reported

FCPA Guidance: Refined Compliance and Safe Harbors

corruptionbribery December 3, 2012 0

With all the hype and bloviating behind us, it is now time to take a closer look at some of the more significant aspects of the FCPA Guidance. For those who continue to

The Financial Industry: Ignoring Corruption Enforcement Risks

corruptionbribery November 30, 2012 0

The old English proverb, “You can lead a horse to water but you can’t make it drink,” is particularly apt when you think of the financial industry and corruption compliance. Maybe it comes

30 top Govt. ranks in bribery net

corruptionbribery November 27, 2012 0

In a shocking disclosure, thirty top ruling party parliamentarians, some who enjoy portfolios of ‘collective responsibility’ are to be charged before court shortly for accumulation of assets through unscrupulous methods. An authoritative source from the