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
Photo credit: Flickr For years, France has faced international criticism for its loose enforcement towards corruption. As a result, the U.S. Department of Justice (DOJ) has imposed severe sanctions on French companies. On November 8, 2016, France sealed the first step in a renewed campaign to tackle the problem of corruption by adopting a new… Read More
Richard Bistrong CEO Front-Line Anti-Bribery LLC interviewed CIPE’s Frank Brown Value Chain and Anti-Corruption Program Team Leader in a two part series. In the first interview, Bistrong and Brown discuss incentives or ‘carrots’ for small and mid-sized enterprises to take action even in environments with pervasive corruption practices. Incentives for addressing corruption include creating sustainable businesses, and… Read More
CIPE’s Frank Brown, Value Chain/Anti-Corruption Program Team Leader, offers strategies to help local firms in emerging markets navigate and implement anti-corruption international standards on The FCPA Blog. Brown explains that local firms in emerging markets are interested in joining international supply chains but often do not have adequate compliance practices in place to be selected by… Read More
CIPE’s Michelle Chen, Program Officer in the Asia Region, discusses Xi’s anti-corruption campaign in China on the FCPA blog. Chen focuses on how, when there is not a broader-based rule of law in place, an anti-corruption campaign cannot be effective. She identifies ways in which China’s anti-corruption campaign has been used to further the regime’s own… Read More