Risks | Corruption and Bribery

Risks »

Rising from the Dead: Anti-Corruption Enforcement in Canada

corruptionbribery December 18, 2012 0

This article originally appeared in Michael Volkov’s Corruption, Crime & Compliance blog and is reprinted here with permission. I find the so-called “vampire” cultural phenomena scary – I do not understand what is so entertaining

High Tide: From IBM’s Stalled FCPA Settlement to U.S.-Russia Talks on Syria

corruptionbribery December 13, 2012 0

The Rolls-Royce probe is yet another high profile case being taken by the U.K. Serious Fraud Office. Rolls’ potential corruption costs could depend on timing. And the investigation is looking at an alleged bribe

An Andean Tigre? Common Corruption Risks in Colombia

corruptionbribery December 11, 2012 0

Colombia is quietly booming. The size of its economy surpassed Venezuela’s this year and is on track to surpass that of Argentina, which would make it the third largest in South America. Companies and

Asian Companies Playing with FCPA Enforcement Fire

corruptionbribery December 10, 2012 0

In the midst of all this hullabaloo about the FCPA Guidance, an important survey was recently released by Kroll which confirmed my worst fears – despite all of the enforcement actions, all of the

No More Ifs, Ands, and Buts — Anti-Corruption Compliance Now

corruptionbribery December 7, 2012 0

The FCPA Guidance could not have been clearer; it could not have offered more incentives and carrots to the business community. If you adopt and implement an “effective” compliance program, you will receive

Bribery, corruption key compliance risks to pharma cos: KPMG India Fraud Survey 2012

corruptionbribery December 6, 2012 0

Procurement, sales & distribution and inventory amongst top three most vulnerable processes to fraud risks in the sector Corporate India’s unwillingness to see fraud as a strategic risk poses a grave threat to firms as

Three Important Lessons from the FCPA Guidance for Pharmaceutical and Medical Device Companies

corruptionbribery December 5, 2012 0

The US Chamber of Commerce “praised” the FCPA Guidance. The Chamber did not get what it wanted but it had to recognize that the FCPA Guidance was helpful for businesses. The FPCA

Corruption, bribery, frauds: Indian firms worst hit

corruptionbribery December 4, 2012 0

India has the second highest number of fraud-hit companies, according to a report by global advisory firm Kroll. Theft of physical assets or stock was the most frequent (27%) type of fraud reported