What comes first, compliance or enforcement? 2024 Report Latin American Corruption Survey What’s in this report from Miller & Chevalier: Corruption remains pervasive throughout Latin America despite sustained efforts to criminalize, investigate and prosecute misconduct, according to Miller & Chevalier’s survey. In fact, corporate compliance — not enforcement — is the key driver for addressing these endemic issues. The report measures perspectives on how corruption impacts companies’ ability to do business in the region. The report, which builds on previous surveys dating ..read more

For all its many benefits and demands on corporations, the FCPA tackles only one side of the bribery and corruption equation: the offer or payment of a bribe. A new law seeks to address that by giving American authorities the ability to criminally charge foreign officials who solicit or accept bribes. A trio of experts from Holland & Knight explore the Foreign Extortion Prevention Act. Wifredo Ferrer, Marcelo Ovejero and Gary Klubok of Holland & Knight co-authored this article. In December 2023, President Joe Biden signed into law the Foreign Extortion Prevention Act (FEPA), criminal ..read more

Engage in our enhanced format – the most interactive yet, with hypotheticals, surveys, and group exercises. Tailored for compliance professionals, the exclusive in-house attendance fosters genuine connections. Ideal for those handling sanctions, trade, and anti-corruption, it covers real-time, relevant industry regulations and developments. Category: ConferencesBusiness and EconomicsCompliance The post 17th ACES Compliance Summit: Anti-Corruption, Export Controls, and Sanctions Compliance appeared first on Corporate Compliance Insights ..read more

What does ‘timely’ self-disclosure really mean? Albemarle FCPA Enforcement Action A Lesson in Timeliness? What’s in this whitepaper from Tom Fox: Albemarle Corp., a publicly traded specialty chemicals manufacturer based in North Carolina, in September agreed to pay more than $218 million to resolve probes by the DOJ and SEC into reported violations of the FCPA tied to the company’s participation in corrupt schemes to pay bribes to government officials in multiple foreign countries, including Vietnam, India and Indonesia. In his analysis of this recent FCPA resolution, podcaster ..read more

2023 anti-bribery & enforcement actions in the U.S., China, France, Brazil & the UK 15th annual report 2023 FCPA & Anti-Bribery Alert What’s in this report from Hughes Hubbard & Reed: Hughes Hubbard & Reed’s experts provide analysis of the top trends and developments in the anti-bribery space, as well as an encyclopedic view of the past year’s enforcement actions and policy updates related to the FCPA and anti-bribery developments in China, France, Brazil, the UK and at multi-national development banks. Among the top 10 most important global cases, trends and ..read more

Building a robust anti-corruption programme is of paramount importance in today’s business landscape. Such a programme helps safeguard against legal and reputational risks, fosters ethical business practices and reinforces trust with stakeholders, ultimately contributing to a more transparent and sustainable business environment. Join our interactive live online course to learn the fundamentals of ISO 37001 and get advice on how to build a robust anti-corruption programme. During this live online course you will discover how to: stay updated on the current legal and regulatory landscape, incl ..read more

For many years, New Zealand has found itself in the top three of Transparency International’s corruption perception index. In the most recent installment, NZ was still near the top, but the country’s score in three of the eight metrics comprising the index fell. In the second of his two-part series, Calvin London looks at some of the challenges New Zealand faces in fighting corruption. New Zealand has long been held in high international regard when it comes to fighting corruption, and Transparency International’s most recent index bears that out, with NZ tying Finland for second place. But ..read more

Historically, Australia resided toward the top of Transparency International’s corruption perception index, but several years of decline had pushed the country out of the top 10. Australia now seems on a bit of a come-up, jumping two spots in the past year. In the first of a two-part series, Calvin London explores corruption in Australia and its current anti-corruption efforts at a time when the country is becoming even more dependent on international trade. I can remember giving a training session several years ago on overseas corruption and bribery. After the presentation, a couple of cowo ..read more

Reports show the spirit of anti-corruption in Latin America may be waning. But Susana Sierra of BH Compliance explores why recently shifted American enforcement priorities should cause all U.S. companies with Latin American connections to take note. The global recovery from the pandemic and its consequences has not been easy. The millions of deaths, the weakening of the economy and the crisis deriving from high unemployment and lack of opportunities have been followed by a series of events that further complicate the operating scenario for multinational corporations. Among all the world’s de ..read more

Lawmakers in the EU are seeking to strengthen and harmonize anti-corruption efforts in member nations. A trio of partners at McDermott, Will & Emery — Simon Airey, Fabio Cozzi and Nicolette Kost De Sèvres — explore recent developments among member nations (and one non-member nation). In September 2022, EU President Ursula Von Der Leyen announced the commission’s plan to crack down on corruption, and a set of draft measures followed in 2023, including a directive on combating corruption and establishment of a dedicated sanctions regime. The proposed directive aims to update and harmonize ..read more