Nancy Boswell is Director of the American University Washington College of Law’s US and International Anti-Corruption Law Program, a certificate program for practitioners worldwide. CIPE’s Frank Brown discusses Boswell’s academic work, along with general global anti-corruption trends in light of her past leadership of Transparency International USA and her current advisory role at various U.S…. Read More
According to an Ernst and Young Report, the U.S. Department of Justice said in 2012 that more than 90% of its anti-corruption actions involved the actions of third parties. The heads of compliance programs worry that they don’t know where to begin when designing a process for reviewing all third-party business partners. Why we are so… Read More
By Matthew Stephenson, Professor, Harvard Law School This post originally appeared at the Global Anticorruption Blog. Several months ago I did a couple of posts (here and here) on the Transparency International USA report from a couple months back on verification of corporate anti-corruption compliance programs. That report also got me thinking about a more general… Read More
In a worrying sign for Pakistan’s ability to attract and maintain foreign investment, two prominent manufacturers have announced recently that they are pulling out of the market, citing supply chain concerns including corruption. “Investors are the backbone of any country. Protection of their interests is an important duty of the market regulators,” noted Shariq Zaidi,… Read More
The Chinese government’s crackdown on corruption is more than a passing trend, as evidenced by over $700 million in fines levied on foreign firms in 2014 alone. But enforcement has been largely contained to domestic affairs, despite a law on the books forbidding Chinese companies from engaging in bribery abroad. If Chinese prosecutors were interested… Read More
Should the U.S. Foreign Corrupt Practices Act (FCPA) be used as a vehicle for restorative justice? The FCPA is currently enforced with the aim of deterring the bribery of foreign officials. The 1977 law prescribes civil and criminal liability for individuals and entities, with the potential for criminal fines of up to $25 million and… Read More