The new Hogan Lovells’ Steering the Course II report examines the approaches, concerns, and regional differences of multinational corporations across the globe as they tackle anti-bribery and corruption risk by surveying 700 chief compliance officers, heads of legal, or equivalent.… Continue Reading
The DOJ unsealed an indictment Tuesday against two former executives of Alstom S.A. and a former executive of the Japanese trading company Marubeni Corporation, for allegedly bribing the head of the state-owned power company in Indonesia and members of parliament there.… Continue Reading
Today I write from Berlin, staying in what was old East Berlin. Last week I spoke at an event in Malaysia. Both societies that have experienced and are experiencing (respectively) political, social and economic change that was once unimaginable.… Continue Reading
A Singaporean commodities trader has been put on the FBI’s most wanted list and sanctioned by the U.S. Treasury Department for allegedly laundering North Korean money through his family’s trading company.… Continue Reading
A former U.S. Navy commander was sentenced to 30 months in prison Friday for taking bribes from a Singapore-based defense contractor in exchange for sensitive information about ship movements and port calls.… Continue Reading
During most interviews, I’m asked this question or something like it: More companies than ever have compliance programs. Yet huge scandals keep making headlines. What gives?
To be fair, there’s plenty of evidence that compliance has failed: Volkswagen cheated on diesel emissions tests.… Continue Reading