The OECD is hosting an Anti-Bribery Ministerial meeting Wednesday (March 16) to discuss how to strengthen implementation of its Anti-Bribery Convention. One of the issues on the table for discussion is how to encourage voluntary disclosure by companies of wrongdoing and how settlements can be used to do that.… Continue Reading
Platform Specialty Products Corporation said in an SEC filing Friday that it is conducting a foreign bribery investigation of third-party payments in West Africa.
The chemical maker said payments to third-party agents by a company it acquired in 2015, Arysta LifeScience, may have violated the FCPA.… Continue Reading
While clear policies on charitable contributions are important, the controls implementing these policies are equally critical to an effective compliance program.
Which type or types of controls are used in emerging markets is a function of the local level of corruption risk, the nature of the company’s intended contribution, the nature of the company’s business, and the size and complexity of its business.… Continue Reading