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
When you begin a major project with an underestimate of the cost and an overestimate of the benefits, coupled with the mandate to deliver on time and on budget, you run the risk of promoting unethical behavior.… Continue Reading
In the Olympic Charter, the International Olympic Committee has specifically identified human rights, environmental issues, and international intellectual property laws as major topics that host-country contracts and laws must address. However, corruption and transparency receive comparatively little attention.… Continue Reading
Prosecutors in Moscow warned the Russian branch of Transparency International to register as a foreign agent, TI-Russia said in a statement posted on its website Friday.
Prosecutors told the anti-corruption NGO that its “actual activity includes interfering with the government’s policy in the fight against corruption by lobbying its own proposals to change it,” TI’s statement said.… Continue Reading
Job Title: Director, Ethics & Compliance – Anti-Corruption Law
Employer: Western Digital Corp.
Location: Irvine, California (USA)
Western Digital and its subsidiaries design and manufacture storage devices, networking equipment and home entertainment products under the WD®, HGST and G-Technology brands.… Continue Reading
Oil is hovering around $50 per barrel. For most of the U.S. economy this drop in oil prices has provided a much-needed economic boost. One piece on the NPR website said “economists have suggested the big drop in oil prices is a gift to consumers that will propel the economy.”… Continue Reading
The chairman of a UK-based printing company and his son, the sales and marketing director, were sentenced Thursday for bribing public officials to win contracts in Kenya and Mauritania.
Smith and Ouzman Ltd marketing director Nicholas Smith, 43, was sentenced to three years in prison.… Continue Reading