Corruption, including corruption of public officials, dates from early in human history and countries have long had laws to punish their corrupt officials and those who pay them bribes. But national laws prohibiting a country’s own citizens and corporations from bribing public officials of other nations are a new phenomenon, less than a generation old.
The study contains an analysis of 2,690 cases of occupational fraud that were investigated between January 2016 and October 2017. The date in the report is based on information provided by the Certified Fraud Examiners who investigated the cases. Their firsthand experience with these frauds provides an invaluable resource for understanding occupational fraud and the impact it has on organizations.
This year’s Corruption Perceptions Index highlights that the majority of countries are making little or no progress in ending corruption, while further analysis shows journalists and activists in corrupt countries are risking their lives every day in an effort to speak out.
Completely updated and revised for 2018
The new fifth edition of the Foreign Corrupt Practices Act Handbook is a comprehensive guide for attorneys, at every level, who represent businesses doing international work. With its comprehensive analysis of potential FCPA liabilities and sound practical suggestions as to how to deal with them, this book is a very valuable asset for both unseasoned and seasoned FCPA practitioners.
The Parties to the Convention on Combating Bribery of Public Officials in International Business Transactions (henceforth, the Convention) have committed to enforcing their foreign bribery laws and to cooperating with each other in the fight against foreign bribery. This report sheds light on how they have been living up to these commitments in the area of enforcement of anti-bribery laws.
Training organized by ETHIC Intelligence, in partnership with Paul Hastings LLP in Milan
Philippe Montigny, the President of ETHIC Intelligence was thrilled to give the keynote speech at the World Justice Forum V in the Hague on Monday, July 10.
In spite of increased visibility and seniority, the survey shows that ethics and compliance officers continue to face significant challenges. Too many companies are behind the technology curve, wrestling a mountain of compliance data using legacy processes, outdated tools, and disconnected systems. As a result, ethics and compliance professionals are trapped in details, lacking the tools to engage with the data, be responsive to issues and trends, or gain the perspective required to tie ethics and values to the financial and strategic goals of the organization.
"Positive change is driven by transparency, accountability and openness to new ideas" - Dr. Klaus Moosmayer, Cross-thematic Group Chair and Chief Compliance Officer, Siemens AG
On Combating Corruption and Fostering Integrity
OECD Secretary-General's High-Level Advisory Group (HLAG) on Anti-Corruption and Integrity, March 17, 2017
Over two-thirds of the 176 countries and territories in this year's index fall below the midpoint of the Transparency International scale of 0 (highly corrupt) to 100 (very clean).
“Public officials are sometimes offered gifts and hospitality by external stakeholders which it is reasonable for them to accept. This can, however, present a risk of actual or perceived conflicts of interest, and undermine value for money or affect government’s reputation. While most, but not all, cases declared by officials appear on the face of it to be justifiable in the normal course of business, we found some weaknesses in the oversight and control of gifts and hospitality. This needs to be addressed by the Cabinet Office and departments.” - Amyas Morse, head of the National Audit Office, 9 February 2016
Strasbourg / By ETHIC Intelligence
The G20 Anti-corruption Working Group is a standing committee of the G20. G20 leaders established it at the Toronto Summit in 2010 in recognition of the significant negative impact of corruption on economic growth, trade and development. Since then, the work of the ACWG has been guided by two-year action plans that include commitments by G20 countries to ratify and implement the United Nations Convention against Corruption, criminalize and prosecute foreign bribery, and cooperate with other countries to investigate, prosecute and return the proceeds of corruption.
The OECD Working Group on Bribery in International Business Transactions has opened a public consultation on Phase 4 country evaluations for the implemenation of the OECD Anti-Bribery Convention which will take place on Tuesday, December 9th.
Main authors: Fritz Heimann, Claudia J. Dumas, and Shruti Shah
Contributing authors: Laura B. Sherman and Michael Fine
Philippe Montigny, the President of ETHIC Intelligence, was invited to speak at the Fourth Annual High-Level Anti-Corruption Conference for G20 Governments and Business held in Rome on June 11th. During his panel participation he detailed the terms of reference and processes by which ETHIC Intelligence certifies corporate anti-corruption compliance programs.