Search Result for 'corruption'

Conducting due diligence on third parties isn't about diving deep into every possible avenue for wrongdoing. You'd never reach the end, and it is impossible to foretell which agents will engage in ...

How effective is corporate punishment when it comes to deterring illegal behavior? That's the question. The U.S. Sentencing Commission may soon be taking a harder line against corporations involved in cartel activity, ...

Ah, September: bringer of fall, sweater weather, and football. Compliance practitioners and lovers of football alike can appreciate the parallels between the sport and the nuts and bolts of FCPA compliance. The ...

Bribery doesn't exist in a vacuum. In order for funds to change hands improperly, the bribing party needs access to those funds and a way to disguise how they're truly being used. ...

For some professionals engaged in corrupt behavior, often the rationale behind their impropriety is that no one is being hurt. Richard Bistrong argues that bribery is not a victimless crime. The damage ...

As has been evidenced by Walmart this year - and the heavy penalties leveled against it - the cost of noncompliance can be steep. With 2014 on the wane, we're looking back ...

Those with less adventurous palates can relate: some of us aren't big on trying new things. But when it comes to risk assessments, sometimes taking a new approach can do you good. ...

The Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices, announced today the launch of the 2015 World’s Most Ethical Companies® recognition program. Ethisphere will host ...

The on-boarding process for new third parties represents both the biggest opportunity for risk and the greatest opportunity for improving due diligence. Corrupt agents will make whatever agreements it takes to win ...

A recent ruling has weakened Hong Kong's anti-corruption and anti-bribery laws, limiting its enforcement power to its borders. The FCPA, UK Bribery Act, and anti-corruption laws of most other Asia-Pac countries stand ...

As is often the case, technology has evolved faster than the law. In the EU, this means that while there is an abundance of solutions available to users, there is also a ...

Achieving a corporate culture focused on ethics and compliance doesn't happen by accident. It takes a concerted effort from the Board of Directors, CEO and CCO, who all must understand the importance ...