Tag: anti-bribery

In 2019, international corporations were fined more for breaking bribery laws than ever before. The milestone year saw the largest-ever collection of fines for violations of the U.S. Federal Corrupt Practices Act (FCPA), at $2.65 billion. 2019 also featured the largest-ever corporate settlement:  a combined $1.06 billion agreement by Ericsson, a Swedish telecommunications firm. In… Read More

Photo Credit: CIPE On the latest edition of CIPE’s Democracy that Delivers podcast, Shruti Shah, President and CEO of the Coalition for Integrity, discusses the growing demand for ethics & accountability around the world, and the role of the Coalition as they execute their mission. Shah illustrates her lifelong commitment to fighting corruption, and elaborates… Read More

  France has long been criticized for falling short on enforcement of its international obligations to fight corruption abroad, including the OECD Anti-Bribery Convention that mandated member states to criminalize bribery of foreign public officials in international business transactions. That changed with the introduction of Sapin II, a new law similar to the U.S. Foreign… Read More

Photo Credit: Wikimedia  A recent Foreign Affairs article by Chris Miller highlighted how “the three-pronged strategy of Putinomics” has worked to keep the current resident of the Kremlin in power: “First, it focused on macroeconomic stability—keeping debt levels and inflation low—above all else. Second, it prevented popular discontent by guaranteeing low unemployment and steady pensions,… Read More

Photo credit: GINNETTE RIQUELME / REUTERS Mexico’s economy did not do particularly well in 2017. In fact, the economic slowdown raises important questions about what politicians throughout the country should be promising in the upcoming July elections and to whom they should feel most accountable. Like much of the Americas this year, corruption will be… Read More

Photo Credit: Lattitude Canada, Wikimedia Commons This post is based on a blog originally published on Corporate Compliance & Ethics Africa It is a basic economic principle that a market exists because there is the concurrence of demand and supply or someone willing to buy and someone willing to sell goods or services. Similarly as… Read More

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