Last week, Apple debuted its new ethics and compliance site containing links to policy documents on a wide range of compliance topics. The company’s anti-corruption policy includes some interesting details.… Continue Reading
Several well-known lists rank colleges and universities in the United States. Rankings that take into account diverse factors — class size, teacher-to-student ratio, financial aid, campus social life — are useful as a relative assessment of quality and allow future students to evaluate which schools might be good matches for their own temperaments, needs, resources, and goals.… Continue Reading
In the aftermath of Airbus’ $4 billion global settlement, one can’t help but wonder: What preemptive action can a company take to avoid similar entanglements? Here are the five biggest takeaways every company in any industry can benefit from.… Continue Reading
The Romanian National Anticorruption Directorate arrested businessman Dan Adamescu Friday, charging him with bribing judges to rule in his favor in court cases.
Prosecutors from the anticorruption agency said Adamescu instructed his lawyer and others to pay bribes of 20,000 euros ($27,200) to two judges in December 2013 who were presiding over several insolvency cases involving his companies.… Continue Reading
The Sentencing Council in the UK has released new guidelines for how individuals convicted of fraud, money laundering and bribery offenses should be punished.
They will take effect on October 1, 2014.… Continue Reading
A former government official in the U.S. Virgin Islands has been indicted on bribery and extortion charges, the U.S. Justice Department said Thursday.
A federal grand jury indicted Louis “Lolo” Willis on three counts each of bribery and extortion stemming from his time as the executive director of the Virgin Islands legislature from 2009 to 2012.… Continue Reading
For the third time, an Organisation for Economic Co-operation and Development’s Phase 3 working group has reported that a country and party to the OECD’s anti-corruption convention has failed to bring a single foreign bribery case to trial.… Continue Reading
Shanghai-based Wison Engineering Services Co. said Friday that its chairman was arrested by Chinese police for “alleged bribery activity.”
After the Chinese oil-engineering provider was informed of Chairman Hua Bangsong’s arrest through his family, the company issued a statement to the Hong Kong Stock Exchange.… Continue Reading
The Financial Crimes Enforcement Network (FinCEN) issued an Advisory to U.S. financial institutions reminding them to take risk-based steps to track the potential movement of assets related to Viktor Yanukovych and his former administration.… Continue Reading