Call it fragmented supply-side enforcement. It’s where we are now in the historical development of anti-bribery enforcement. If you believe that anti-bribery enforcement should reduce global corruption, then this is a major problem.… Continue Reading
While it is impossible to know who initiates most bribe situations, the giver or the receiver, one thing is clear: no bribe can take place without both. It is for this reason that international conventions such as the OECD Anti-Bribery Convention and the UN Convention Against Corruption encourage state parties to address both sides of bribery in their national legislation. … Continue Reading
Thankfully, the economist-led debates in the 1990s about whether corruption is the necessary grease in the wheels of business are long behind. But we would argue that many people, including those most affected by it and possibly even those that are in the anti-corruption business, still don’t fully grasp what corruption does to our world.… Continue Reading
The BOTA Foundation explained (Part Five): The roles of the U.S., Switzerland, and the World Bank in BOTA’s creation
In the case of BOTA, it took four to tango: the governments of Kazakhstan, the United States, Switzerland and the World Bank. For Kazakhstan, as explained in the previous post, BOTA provided a face-saving “out” for President Nazerbayev.… Continue Reading
As we saw last week, there’s a perception that voluntary anti-corruption declarations are too weak to have any significant impact on preventing corruption. While it’s true that declarations have more of the “collective” than the “action,” they are still an important step in the fight against corruption, especially when combined with the awareness-raising activities which usually accompany them. … Continue Reading
Thomas Friedman taught us that the world is flat — that globalization has created a playing field more level than at any time in history. And however true that may be of international commerce, it is not true of anti-corruption enforcement .… Continue Reading
The former director of the UK Serious Fraud Office, Richard Alderman, shared with the FCPA Blog a Preliminary Study (pdf here) conducted by the B20 Task Force on Improving Transparency and Anti-Corruption that focuses on regulatory developments that could enhance the private sector’s role in fighting global corruption.… Continue Reading
After analyzing almost 400 cases over 13 years, the World Bank reports that only 3.3 percent of $6 billion in fines have been shared with developing countries whose officials accepted bribes.… Continue Reading
Here’s an excerpt from Attorney General Eric Holder’s remarks Monday at the Arab Forum on Asset Recovery in Morocco.
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In recent years, we’ve joined hands to draft and bring into force the United Nations Convention Against Corruption – the first global anti-corruption treaty.… Continue Reading
On December 9, 2003, 140 countries convened to sign the United Nations Convention Against Corruption (UNCAC).