Due diligence in Russia has never been simple. Two recent developments make it more complicated. One makes business more transparent. Sort of. The other makes it less transparent. Foreign companies working in Russia will place themselves at peril if they don’t pay close attention to both.… Continue Reading
Regulators are constantly telling compliance officers to take a “risk-based” approach to due diligence processes and procedures. In some cases, regulations go so far as to require third parties to be profiled appropriately based on their level of risk.… Continue Reading
Employer: MTU America
Location: Novi, Michigan USA
Description: A key element of our anti-bribery compliance program is the management of our third-party population and the execution of effective integrity due diligence procedures on our business partner community.… Continue Reading
Description: The Head of Compliance Asia acts as the key Ethics & Compliance (E&C) representative and adviser for the Marketing, Supply and Technology functions, and is responsible for providing expert guidance and oversight to ensure that Ethics & Compliance risks are identified and mitigated appropriately.… Continue Reading
The Coalition for Integrity is proud to announce its 2018 Day of Learning on Monday, December 10.
The event is both a commemoration of International Anti-Corruption Day, which is Sunday December 9, and a step towards fulfillment of Coalition for Integrity’s mission to raise awareness about corruption and educate key stakeholders.… Continue Reading
Employer: W.L. Gore
Location: Phoenix, Arizona USA
Description: Gore Medical Products Division (MPD) has provided creative therapeutic solutions to complex medical problems for 40 years, saving and improving the quality of lives worldwide.… Continue Reading
Employer: Transparency International
Location: Berlin, Germany
Start date: As soon as possible
Description: The Integrity Officer is responsible for the development, monitoring, learning, and curation of the integrity systems within the organization.… Continue Reading
I’m an accounting professor turned documentary filmmaker and I study how whistle blowing impacts fraud detection and prevention in organizations.
One day while working on a lecture for my graduate forensic accounting class, I found myself intrigued by the Wells Fargo banking scandal.… Continue Reading
According to the inaugural ECA Corruption Survey of business executives, in-house legal counsel, and other professionals operating in the Europe-Caucasus-Asia (ECA) region, 71 percent of respondents said that their country’s anti-corruption laws are ineffective and 62 percent said corruption is a significant obstacle to doing business.… Continue Reading
Venezuela’s former national treasurer was sentenced to ten years in prison Tuesday for his role in a plot to launder $1 billion in bribes.
Alejandro Andrade, 54, Venezuela’s national treasurer from 2007 to 2010, pleaded guilty in December 2017 to a money-laundering conspiracy.… Continue Reading
The UK Serious Fraud Office said three former FH Bertling Group senior executives and a ConocoPhillips employee were convicted Tuesday for their role in a bribes-for-contracts plot.
Executives at Germany-headquartered FH Bertling paid around $445,000 in bribes to win a freight forwarding contract with ConocoPhillips worth $20 million.… Continue Reading
My prior post for the FCPA Blog suggested that changes are needed to the ISO 37001 anti-bribery management system before countries, agencies, and companies move forward with large-scale adoption.
One of my suggestions in particular — that ISO replace certification with a process for obtaining reviews of compliance programs — attracted thoughtful opposing comments and some criticism.… Continue Reading