Legal Issues »
Asian Companies Playing with FCPA Enforcement Fire
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
Read More »No More Ifs, Ands, and Buts — Anti-Corruption Compliance Now
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
Read More »Bribery, corruption key compliance risks to pharma cos: KPMG India Fraud Survey 2012
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
Read More »Three Important Lessons from the FCPA Guidance for Pharmaceutical and Medical Device Companies
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
Read More »Corruption, bribery, frauds: Indian firms worst hit
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
Read More »FCPA Guidance: Refined Compliance and Safe Harbors
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
Read More »‘Implementation of corruption laws major setback’
lthough Nigeria has sufficient anti-corruption and bribery laws, implementation of such laws has over the years been the major problem in the avowed fight against graft. This was the submission of Olusoji Apampa of Integrity
Read More »The Financial Industry: Ignoring Corruption Enforcement Risks
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
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