Tag: anti-bribery

Photo Credit: OECD Integrity Forum (via Flickr) The Organisation for Economic Co-operation and Development (OECD)’s Global Anti-Corruption & Integrity Forum, held annually for five years now at the OECD headquarters in Paris, is the leading international event on integrity and anti-corruption. I had the opportunity to attend the 2017 edition, learn from the other participants,… Read More

Photo Credit: US Army Europe (via Flickr) Corruption is like a cancer, draining the health of an economy if it is allowed to spread unchecked. In fact, it’s such an insidious problem that in 2016 the International Monetary Fund (IMF) estimated the direct cost of bribery alone to the global economy to be between $1.5… Read More

Photo Credit: Wikipedia via https://en.wikipedia.org/wiki/File:Flags_south_america.png What makes the Odebrecht case so special? In December 2016, Brazil’s biggest construction company Odebrecht and its petrochemical subsidiary Braskem agreed to pay at least $3.5 billion to Brazilian, US, and Swiss authorities in a multi-country Foreign Corrupt Practices Act (FCPA) settlement. Aside from this record-breaking settlement, the Odebrecht case… Read More

On December 9, International Anti-Corruption Day, the Center for International Private Enterprise (CIPE) in partnership with the Association of Women in International Trade (WIIT), co-hosted a panel discussion on the International Organization for Standardization (ISO) 37001, a new standard on anti-bribery management systems designed to help organizations fight bribery and promote an ethical business culture…. Read More

Photo Credit: Clamor Por Guatemala-Jouse Goge Today marks the 10th anniversary of the International Commission Against Impunity in Guatemala, known by its Spanish abbreviation as CICIG (Comisión Internacional contra la Impunidad en Guatemala). On December 12, 2006, the United Nations and the Government of Guatemala signed an agreement to establish CICIG to assist the Public… Read More

In the relatively new sphere of anti-corruption compliance, 2016 is shaping up to be one of the most significant years ever. Not because of a record fine levied against a multi-national corporation. Nor because of a new law or stepped up enforcement. But, rather because a group of compliance practitioners from dozens of countries have… Read More

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