Earlier this week we talked about Our Lists under the Archive tab in the top menu of the FCPA Blog. Today we want to remind readers of the University of Richmond Online Anti-Bribery Research Guide that can also be found under the Archive tab in the top menu, pictured left.… Continue Reading
When a company suspects a competitor is going to pay bribes, the temptation is to do the same thing. Bribe takers encourage a bribery bidding war. They want the biggest bribe to win the business, not the best price, product or service.… Continue Reading
Regulators in the United Kingdom said Wednesday they won’t adopt incentives for whistleblowers like those in the United States but will help businesses improve their internal reporting and whistleblower protections.
The Financial Conduct Authority (FCA) and the Bank of England Prudential Regulation Authority (PRA) said they welcomed the recommendations of the Parliamentary Committee on Banking Standards (PCBS) about whistleblowing.
The Queen’s former deputy property manager was charged Monday with taking more than £100,000 ($160,000) in kickbacks for royal contracts.
Ronald Harper, 61, a senior member of the Royal Household staff, was accused of taking bribes from building, heating and energy firms in exchange for mechanical and electrical work at Buckingham Palace and other properties, the Mail said this week.… Continue Reading
Judge Jed Rakoff of the U.S. district court in New York on Wednesday ordered Bank of America to pay a $1.27 billion fine for fraud perpetrated by Countrywide Financial Corp., a mortgage company the bank acquired in 2008.… Continue Reading
The Communist Party has urged some 40,700 government officials, including 229 at provincial and ministerial-level, to quit their part-time jobs in private companies.
The action by the party’s Central Organization Department follows a ban on incumbent officials’ employment in private companies issued in October last year.… Continue Reading