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Real World Challenges under the FCPA and Bribery Act

corruptionbribery July 3, 2012 0

Last week I wrote a fictional piece about some of the challenges that a company might face in complying with the Foreign Corrupt Practices Act (FCPA). Unfortunately some of the concepts I wrote about

Bill aims to tackle corrupt practices

corruptionbribery July 3, 2012 0

THE MINISTER for Justice and Equality recently published the draft scheme of the Criminal Justice (Corruption) Bill 2012, 123 years after the enactment of the statute that is the basis of our current law. In

Ten things you should know about business ethics and anti-corruption in the Middle East

corruptionbribery June 28, 2012 0

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

UK Bribery Act sees no prosecution one year on but compliance efforts heighten

corruptionbribery June 21, 2012 0

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.

The Economic Case For Bribery

corruptionbribery June 20, 2012 0

Bribery is very hard to stamp out. In a global fraud survey by Ernst & Young, a professional-services firm, 39% of businesses say corruption is common in countries where they operate. Corporate standards are more

Anti-bribery policies need better enforcement

corruptionbribery June 15, 2012 0

A senior executive from an Australian company operating in several African nations, Indonesia and Papua New Guinea has told Ernst & Young’s managing partner for Oceania in the fraud investigation and dispute services area,

Executive fraud and bribery risks increase during downturn

corruptionbribery June 11, 2012 0

More than half of UK executives would not rule out unethical activities to survive a downturn despite stricter bribery laws, Ernst & Young’s 2012 Global Fraud Survey has shown. Ernst & Young’s 2012 Global

Bribery and Corruption – do we need to be worried?

corruptionbribery March 26, 2012 0

Transparency International released the 2010 Global Corruption Barometer just before Christmas. Included in the report was a statistic that was surprising to many – 4% of the 1291 New Zealand respondents reported paying a