In considering external operating risk, it has long been clear that corruption and negative human rights impacts correlate keenly.… Continue Reading
I took my oath to become a lawyer a couple of years ago, and still today I think what this oath really means to me. Coming from a highly corrupt country, I found my purpose in fighting corruption to reduce the gap of inequality and injustice in society.
The OECD is seeking to understand anti-corruption compliance measures adopted by international firms, whether large or small, to help understand why companies have adopted anti-corruption compliance systems and what types of anti-corruption measures they adopt.… Continue Reading
The chairman of the U.S. Securities and Exchange Commission, Jay Clayton, chose a speech in September to the Economic Club of New York to argue that when it comes to enforcement of anti-corruption laws, the United States is “acting largely alone.”… Continue Reading
Imagine your house is on fire. In the front of the house, you have a fire department working tirelessly to put out the fire with water. In the back, someone is spraying your house with gasoline.*… Continue Reading
The human rights and environmental risks that taint the supply chain of gold and other mining commodities will be no surprise to anyone who reads the newspapers. North Mara gold mine in Tanzania made headlines just last week after an investigation into mass murder and rape of local villagers and deadly contamination from a leaking tailings dam.… Continue Reading
There are many factors that make international trade particularly vulnerable to corruption. This begs the question of what has been done to fight corruption, particularly by international organizations like the World Trade Organization (WTO), whose role is regulating international trade.… Continue Reading
In response to the OECD Working Group on Bribery’s (WGB) call for comments from stakeholders as part of its upcoming review of the 2009 OECD Anti-Bribery Recommendation, TRACE has submitted its overview of the significant challenges the new EU data protection legislation poses to corporate anti-bribery compliance programs. … Continue Reading
The business community often complains during consultations with the OECD Working Group on Bribery that its focus on criminalizing the supply-side of foreign bribery creates an unbalanced approach to enforcement. In their view, companies face credible enforcement risks and high sanctions if they engage in foreign bribery, while the public officials who solicit or receive bribes seem to enjoy de facto impunity.… Continue Reading
The Organization for Economic Cooperation and Development published a list of “golden passport” schemes from 21 countries that are high risk and “required to be taken into account” during due diligence.… Continue Reading
The 2019 OECD Global Anti-Corruption & Integrity Forum will be taking place on March 20-21, 2019.
In the run up to the event, the OECD calls for research for quality conceptual papers, as well as for ideas for qualitative and quantitative empirical research papers focused on topics related to integrity and anti-corruption.… Continue Reading
When I started blogging in 2014, there was little discussion about how issues like financial pressures and “micro-cultures” could impact decision making that can lead us astray.
Now, though, the OECD has published an engaging work, Behavioral Insights for Public Integrity, Harnessing the Human Factor to Counter Corruption, focusing on the interaction between policy making and integrity.… Continue Reading