Clayton Christensen gave a speech that later became a best-selling book called How Will You Measure Your Life. He talked about former Harvard Business School classmates who “didn’t keep the purpose of their lives front and center as they decided how to spend their time, talents, and energy.”… Continue Reading
Sometimes your supply chain will deliver an old-fashioned, pre-database, non-FCPA related integrity issue: the old bait and switch.
Target Corporation has severed business ties with Indian textile manufacturer Welspun India (NSE:WELSPUNIND) after it accused the company of substituting cheaper cotton for higher quality Egyptian cotton.… Continue Reading
When Control Risks meets international companies at the headquarters level, we often hear that facilitation payments really aren’t much of a problem anymore. Many take comfort from their “zero tolerance” policies.… Continue Reading
Yesterday’s post on minimizing headaches during China investigations discussed company policies and mitigating risk under PRC privacy and state secrets laws.
We look today at IT assessments, other PRC laws, and local resources, continuing our list of steps companies can take now to minimize headaches when an investigation in China arises.… Continue Reading
There’s news this morning about a rare Russian investigation into at least three high-profile executives accused of bribery.
One of the executives mentioned is the recently resigned VimpelCom Russia CEO.… Continue Reading
OK, we get it. Companies should have effective compliance and ethics programs to fight all kinds of corporate crime and misconduct, including bribery.
In particular, the fight against bribery is a prime example of this need — to have companies do what they can to help end this scourge.… Continue Reading
Any company with more than a small presence in China is likely to need to conduct an internal investigation there at some point.
While investigations in China are not wholly different than in other jurisdictions, our experience handling scores of such investigations leads us to the conclusion that companies can take certain steps in advance to minimize headaches if and when such an investigation in China is needed.… Continue Reading
The Stolen Asset Recovery Initiative, or StAR, is a partnership between the World Bank Group and the United Nations Office on Drugs and Crime (UNODC). It supports international efforts to end safe havens for corrupt funds.… Continue Reading
A California woman was sentenced to 50 months in prison for conspiring to illegally export fighter jet engines and a missile-firing drone to China.
Wenxia Man, aka Wency Man, was convicted by a federal jury in Fort Lauderdale in June of one count of conspiring to export and cause the export of defense articles without the required license.… Continue Reading
After this week’s $22 million award to a whistleblower, SEC leaders called the whistleblower program a game changer that has transformed the SEC’s ability to protect investors.
More than $107 million has been awarded to 33 whistleblowers.… Continue Reading
After reviewing several articles including the recent FCPA Blog post, “Alleged Och Ziff Africa ‘fixer’ arrested for FCPA offenses,” my focus immediately shifted to due diligence procedures. Specifically, I thought about the risk profile of Samuel Mebiame. … Continue Reading