Legal Issues | Corruption and Bribery

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Facilitation Payments: Are They Legal Bribery?

corruptionbribery July 20, 2012 0

One of the more frequent questions I hear during webinars and at seminars centers on the issue of facilitation payments. Often the question is “Do you really believe that companies can comply with

Inside FCPA Enforcement Statistics

corruptionbribery July 20, 2012 0

FCPA Inc., it often seems, is obsessed with enforcement statistics. Increasing FCPA enforcement, and the ability to demonstrate it through numbers and graphs, is an effective marketing device for many in the industry.

Oil and gas sector has seen the most bribery and corruption prosecutions in the UK, new report finds

corruptionbribery July 20, 2012 0

The oil and gas sector has faced the most completed prosecutions for bribery and corruption in the UK, an analysis of completed cases has found. The sector was the subject of the highest number of

Gathering Storm Against “Corporate Corruption”

corruptionbribery July 19, 2012 0

Could it get any worse for companies and public perception of corrupt business practices? I know it is a rhetorical question but the wave of public opinion and news reports has been pretty

FCPA Issue Management: An Illustrated Primer

corruptionbribery July 19, 2012 0

I have previously written about the Open Compliance and Ethics Group (OCEG) Anti-Corruption Illustrated Series on Managing Corruption Risks and Third Party Anti-Corruption Due Diligence. Today I will review another in the Illustrated Series

Foreign Corrupt Practices Act is ‘sword of Damocles,’ critic says

corruptionbribery July 17, 2012 0

Violations of the Foreign Corrupt Practices Act have been expanded to include not only what actual bribes are known to be paid but what bribes a business owner or executive "should have known" were

Hong Kong Developer Hit With Bribery Charges

corruptionbribery July 17, 2012 0

In an ongoing scandal that has shaken the foundations of Hong Kong’s property development and construction industry, several people associated with Hong Kong’s second largest property development firm, including the company’s co-chairmen, have been

What Are the Essentials For a FCPA/Bribery Act/OECD Compliance Program?

corruptionbribery July 16, 2012 0

In a recent article entitled “Bribery and Corruption Compliance: the Playing Field Levels,” Timothy Coleman and Paul Lomas, attorneys from the law firm of Freshfields Bruckhaus Deringer, discuss what they term the “tectonic shift”