Making anti-corruption training widely accessible and scalable in this day and age often means taking it online. Most multinational companies have done exactly that to extend the reach of their training to employees and subsidiaries globally. Yet, few training resources exist for local companies in these countries who aspire to join global value chains. To… Read More
Photo Credit: Inside Reg Private sector anti-corruption compliance is predominantly associated with corporate corruption prosecutions, sanctioning, and debarment, with some positive examples of voluntary integrity building, as in the case of Thailand. Companies, regardless of jurisdiction, are focused on compliance and the required due diligence under the United States (U.S.) Foreign Corrupt Practices Act (FCPA)… Read More
Photo Credit: Peter Linke (via Flickr) There is an ongoing debate regarding ‘pay by results’ in the international aid community. The pay by results (PbR) model is one in which aid recipient governments only receive donor funds upon achieving an agreed upon outcome – number of schools built, children inoculated, etc. For example, if the… Read More
Photo Credit: Janak Raja via Flickr Throughout its forty plus year history, European aircraft and defense group Airbus has been no stranger to controversy. Whether it was the long-running investigation into alleged corruption in an Airbus subsidiary operating in Saudi Arabia or an insider trading investigation involving company shares, scandal seems to follow Airbus, no… Read More
Photo Credit: Richard Masoner via Flickr Third parties lie at the heart of corporate compliance risks as 90% of FCPA cases involve external intermediaries. A third party is any person or entity that is not a direct hire or main party to a transaction – typically a contractor or an out-sourced service provider. Examples of… Read More
Photo Credit: Micklefield Grade 4 (https://micklefieldgrade4.wikispaces.com/around+the+world) Anti-corruption compliance remains a big challenge in Brazil, as corruption is embedded throughout Brazilian society, weakening government institutions and the economy as a whole. Brazil currently ranks 79th out of 168 countries in Transparency International’s Corruption Perceptions Index. In the private sector, “the majority of businesses surveyed as part… Read More