Corruption and Bribery

Sometimes Bribery is Like a Box of Chocolates

corruptionbribery July 12, 2012 0

The baseball season is at its traditional half-way mark with the All-Star Game. This season certainly has already shown promise as one of the surprises with both the Washington Nationals and the Pittsburg Pirates

Challenges in Ensuring Anti-Corruption Compliance by Distributors

corruptionbribery July 10, 2012 0

The Justice Department’s recent enforcement action against Smith & Nephew underscored an important point – companies can be responsible for FCPA violations committed by distributors of the company’s products. FCPA compliance professionals already

Grant Thornton: New bribery and corruption regulations cast a global net, expose Canadian companies to risk

corruptionbribery July 10, 2012 0

Grant Thornton LLP today released Anti-corruption legislation casts a global net; Don’t get caught because you don’t know the rules, a white paper designed to help globally-active Canadian companies navigate an increasingly complex web

City’s Development System A Major Fraud Risk, Says Auditor

corruptionbribery July 10, 2012 0

Imagine you’re a developer with a pal who handles permits for the city of San Diego. And say you thought the permitting fees were a little too high. Not to worry, your pal says,

Lack of anti-bribery and corruption measures

corruptionbribery July 9, 2012 0

Top investment professionals lack anti-bribery and corruption due diligence procedures, a recent survey suggested. Only two out of 80 financial services firms had undertaken anti-bribery and corruption due diligence in an M&A transaction, said business

Transparency International issues Anti-Bribery guidance on due diligence for Transactions

corruptionbribery July 9, 2012 0

Transparency International ("TI") has issued guidance for anti-bribery due diligence in mergers, acquisitions and investments (the "Guidance"). The Guidance is intended to provide a practical tool for companies undertaking anti-bribery and corruption ("ABC")

Rooting Out Corruption … in the United States?

corruptionbribery July 4, 2012 0

On June 11, the United States government filed a complaint documenting a record of corruption as outlandish as anything seen since Ferdinand and Imelda Marcos plundered the Philippines in the 1980s. The complaint detailed

Industry doubts Bribery Act enforcer’s appetite for prosecution

corruptionbribery July 4, 2012 0

The lack of a corporate prosecution under the UK Bribery Act has caused businesses to question the Serious Fraud Office's appetite for enforcement, Ernst & Young has found. The Ernst & Young Global Fraud Survey