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
The Malaysian Anti-Corruption Commission (MACC) has made headlines by making its first charge against a private company using a new corporate anti-bribery provision. The agency is seeking a fine of RM321,350 ($79,000) from an offshore ship chartering company, Pristine Offshore Sdn Bhd, for using bribery to secure an oil exploration subcontract with Petronas Carigali Sdn… 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
Corruption costs a lot of money for citizens around the globe. The World Economic Forum and the World Bank estimates that corruption reduces global GDP by 5% ($2.6 trillion) per year with over $1 trillion paid in bribes. For businesses, corruption makes up 10% of the total cost of doing business and up to 25% of… Read More
Anwar Hashmi is a Senior Consultant within Global Ethics & Compliance at Integrity Leadership Partners, LLC in the Washington DC Metro Area. He has over 14 years of experience in designing, developing, and implementing Global Ethics Programs at Tata Steel, a global Fortune 500 company and Tata Group’s flagship company. Hashmi has been associated with… Read More
In recent years, the private sector has been increasingly responsive to supply chain issues. This is a result of two distinct forces – one related to corruption, and the other related to issues such as human trafficking and child and other labor issues. While the focus on corruption has largely resulted from legislation such as… Read More