In this 2011 file photo, a billboard is shown on the Rue Belliard in the European district of Brussels THOMSON REUTERS FOUNDATION/Maria Sanchez-Marin This post originally appeared on the Thomson Reuters TrustLaw blog. The European Union (EU) is taking a hard look at corruption in its midst, having recently published its first-ever corruption monitoring report. The… Read More
Faced with a corrupt judicial system, what strategies do Russian businesses employ to resolve business disputes? Lately, less murder and more litigation. Faced with multinational firms who are liable under U.S. and U.K. laws for their Russian partners’ corrupt practices, how do Russian businesses gain access to international partners? Start putting in place anti-corruption compliance… Read More
CIPE partner the Iraqi Businessmen Union leads a public-private dialogue session in Baghdad, Iraq. The Iraqi private sector continues to pursue steps towards building a modern market economy. Over recent decades, Iraq’s institutions supporting the economy became highly centralized as authoritarian rule sought to enhance state economic and political control. In Iraq today, government officials… Read More
By Hyeji Kim Any corporate compliance program needs a strong relationship between the board of directors and the compliance and ethics officer in order to be effective. In 2010, the Society of Corporate Compliance and Ethics (SCCE) and the Health Care Compliance Association (HCCA) conducted a study which showed that the relationship between the Chief Ethics… Read More
As my colleague Anna Nadgrodkiewicz recently discussed on this blog, corruption is a preeminent threat to developing countries. In Brazil, corruption has been estimated to cost somewhere around $53 billion (approximately 2.3 percent of GDP) in 2013 alone. Because this loss has a corrosive effect on democratic governance and the country’s ability to deliver continued… Read More
By Jin Xiaoye, CIPE Global Intern With the Winter Olympics now underway in Sochi, Russia, it is not only the events themselves that are attracting attention: the high cost of the Games and reports of poorly-constructed facilities have garnered headlines alongside the star athletes and their performances. As in other recent cases of major international… Read More