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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")

Bribery: The Ultimate Closing Technique?

corruptionbribery June 14, 2012 0

If you’re on the brink of closing a sale and the decision-maker stonewalls, what should you do? Lower your price? Add more products or services to the contract? Offer a bribe

Risk assess the pros and cons of Self Reporting

corruptionbribery March 21, 2012 0

The Bribery Act throws up interesting problems. Most corporates will put in place ‘Adequate Procedures’ to prevent bribery. Successful implementation of these procedures will sometimes lead to awareness of a potential bribery

Insurers lost over Rs 30,000 crore due to frauds in 2011: Study

corruptionbribery March 5, 2012 0

Indian insurance companies have borne a loss of over Rs 30,000 crore in 2011 due to different kinds of frauds, a study has claimed. It cited collusion between the

HSBC says it may face criminal charges for transactions

corruptionbribery February 28, 2012 0

HSBC Holdings Plc said on Monday it will likely face criminal or civil charges from an expanding investigation into its ties to allegedly illegal money transactions, including some tied to Iran. The disclosure in a