Global Fraud Survey | Corruption and Bribery

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South Africa introduces aggressive new anti-corruption measures

corruptionbribery August 23, 2012 0

Corruption in South Africa has reached staggering proportions. Daily newspapers are rife with reports of widespread corruption in both the public and private sectors. The arms deals scandal, coupled with prison sentences for the

Fighting Bribery and Corruption: Controlling the risk, limiting the damage

corruptionbribery August 16, 2012 0

Organizations operating internationally need to be aware of bribery and corruption risks and have measures in place to curb their exposures. Laws and guidelines barring bribery of foreign officials, such as the U.S. Foreign

SFO Launches Criminal Bribery Probe Into EADS Unit

corruptionbribery August 16, 2012 0

The U.K. Serious Fraud office said Thursday that it’s launching a criminal probe into allegations concerning a unit of European Aeronautic Defence & Space Co., or EADS, and its business in Saudi Arabia.

Pfizer DPA: New Minimum Best Practices for FCPA Compliance Programs?

corruptionbribery August 15, 2012 0

Last week was wild in the Foreign Corrupt Practices Act (FCPA) and wider compliance world. In the FCPA arena, as most compliance practitioners are aware, Pfizer settled its FCPA enforcement action this week. In

Pfizer pays $60 million to settle bribery charges

corruptionbribery August 13, 2012 0

Pfizer has agreed to pay the federal government $60 million to settle allegations that its employees bribed doctors and other foreign officials in Europe and Asia to win business and boost sales.

More Asian nations passing own anti-corruption laws, says report

corruptionbribery August 10, 2012 0

Several Asian jurisdictions have passed legislation similar to the U.S. Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act (UKBA) in recent years as part of a bid to ensure the operations of

Addressing corruption and bribery: five practical steps you need to take now

corruptionbribery August 10, 2012 0

A recent study from Ernst & Young noted that over the past four years the oil and gas industry has faced the most prosecutions for bribery and corruption in the UK. In fact, corruption

Export Controls and Sanctions: Stealing the Enforcement Limelight?

corruptionbribery August 9, 2012 0

The Justice Department always touts its FCPA, Criminal Antitrust and Health Care Fraud enforcement programs. It is very proud of its record in these areas. But quietly and methodically the Justice Department