In the world of anti-corruption internal controls, there is no “one-size-fits-all” model. Ideally, design and implementation of such controls should be thoughtful, rigorous and based on a robust and re-performable corruption risk assessment. … Continue Reading
Prosecutors in Switzerland searched the offices of HSBC’s private bank in Geneva Wednesday as part of an investigation into money laundering.
The Geneva prosecutor’s office said it opened a criminal inquiry into possible money laundering against HSBC Private Bank (Suisse).… Continue Reading
Chinese and U.S. officials will meet in August to discuss further cooperation in tracking down corrupt Chinese fugitives who fled with illicit gains.… Continue Reading
Corruption is one of the most problematic factors for doing business in Russia. It’s clear the country must take decisive steps to combat this plague. While there’s plenty to do and progress has been slow, there are also some signs of progress.… Continue Reading