Identifying and Verifying Ultimate Beneficial Owners
Getting the Full Picture, Fast Comprehensively identifying and verifying corporate hierarchies and ultimate beneficial owners (UBOs) has become increasingly important ...
Tag: Anti-Bribery
Hogan Lovells: Global Bribery and Corruption Outlook 2021
As we enter 2021 with considerable uncertainty, a new report from Hogan Lovells highlights expectations for a year that will ...
How Corruption Proliferates at the Port: What Supply Chain Managers Need to Know
As evidenced by the Nigerian port systems, corruption often arises from inefficient systems. Inter-agency coordination and process modernization can curb ...
The Vitol Enforcement Action
If there were ever a question about energy traders and FCPA risk, a recent FCPA enforcement action against Vitol answers ...
With Updated AML/CFT Priorities, Businesses Across Verticals Face Unprecedented Exposure to FinCEN and OFAC Scrutiny
Updated enforcement priorities and guidance on facilitating ransomware payments remind companies of all types to establish holistic AML policies and ...
Credit Suisse Ignored $250+ Million Shortfalls and Contracted with “The Master of Kickbacks” to Facilitate the Tuna Bonds Scheme
Credit Suisse agreed to pay $547 million to resolve a bribery and fraud scheme involving investments and financing arrangements for ...
As WPP Grew, FCPA Violations Followed. Then Came SEC Enforcement.
WPP plc grew in to the world's largest advertising agency, in part, by acquiring thousands of subsidiaries. While it found ...
In Break with Tradition, DOJ Indicted Former Ericsson Employee for Role in Foreign Bribery Scheme
A former Ericsson employee allegedly employed "financial sleight-of-hand involving a sham consulting contract, a false due-diligence report, and fake invoices" ...
There’s One Main Barrier to Doing Business in Nigeria: The FCPA
Doing business in Nigeria presents manifold challenges. But in terms of hurdles to clear, the regulations imposed by the FCPA ...
TRACE Global Enforcement Report 2018
Today, TRACE International releases its ninth annual Global Enforcement Report (GER), a country-by-country look at government-led investigations into suspected bribery ...
10 Lessons from Operation Car Wash
The State of Corruption Risk in Latin America The biggest-ever corruption and bribery investigation in Latin America has seen scores ...
TRACE: Duke Cunningham and the Bribe Menu
Marcus Stern, the Pulitzer Prize winning investigative reporter who broke the story, describes the bribery scheme that landed then-Congressman “Duke” ...
