In his first address to Nigeria’s National Assembly at the end of last year, the newly appointed chairman of Nigeria’s Economic and Financial Crimes Commission highlighted the high costs of procurement fraud and corruption. Ola Olukoyede, a seasoned lawyer with over 20 years of experience working on regulatory compliance, shared the striking results of the… Read More
To better inform global anti-corruption compliance programs, the Center for International Private Enterprise (CIPE) is teaming up with the Global Business School Network (GBSN) to research how anti-corruption compliance training impacts worker behavior and business performance. In early July 2021, CIPE and GBSN hosted a virtual launch meeting for the research program with academics representing… Read More
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: ITprogBlog This article originally appeared in the TFM Magazine, Volume 2 Number 13, 2018, p. 32 – 35. Read Part I here Empowering through knowledge One of the most identified risk areas for organisations regarding corruption is third-parties acting on behalf of their organisation. In many cases, a… Read More
From left to right: Anna Kompanek, Gerry Zack, and Ken Jaques CIPE’s Democracy that Delivers podcast host Ken Jaques and CIPE’s Director of Global Programs Anna Kompanek, sat down with incoming CEO of the Society of Corporate Compliance and Ethics (SCCE), Gerry Zack. Zack discusses how fraud and compliance have evolved over the last 30… 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