Expert Q&A: Dechert’s Caroline Black on the Changing Landscape of Anti-bribery and Corruption Compliance
Posted on 09-17-2019 by Lisa Thompson

Caroline Black is a partner in the white-collar crime team at the London-based law firm Dechert LLP. She has worked on several large multi-jurisdictional anti-corruption and bribery cases and advised major companies on putting in place adequate compliance and due diligence procedures. Speaking to LexisNexis... Read More

Frontline compliance requires expert juggling
Posted on 04-18-2019 by Lisa Thompson

There’s no room for clowning about when it comes to risk management and maintaining the integrity of international business. According to records of ancient Chinese history, the armies of the Chu and Song states were facing each other in readiness for battle in 630 BC when a Chu warrior, Xiong... Read More

What global anti-corruption compliance trends are on the OECD's radar?
Posted on 04-09-2019 by Lisa Thompson

This year is the 20th anniversary of the implementation of the OECD’s Anti-Bribery Convention. So, we went to Paris to meet Patrick Moulette, Head of the OECD Anti-Corruption Division. He explained that the global spread of negotiated settlements, particularly Deferred Prosecution Agreements, prompted... Read More

Weighing risk and opportunity in Latin America
Posted on 01-16-2019 by Lisa Thompson

Despite recent Foreign Corrupt Practices Act (FCPA) enforcement actions, there are signs of more positive engagement with governance and compliance in Latin America. Emerging markets offer attractive opportunities for investors, but businesses aiming to capitalize will need to prioritize robust due diligence... Read More

Regulatory Compliance No Trivial Pursuit
Posted on 01-04-2019 by Lisa Thompson

If serious trivia seems like a contradiction, maybe you need to be more quizzical when it comes to anti-corruption compliance. January 4 is the one day of the year when there’s an excuse to be trivial—even in an area as serious as compliance in anti-bribery and corruption , anti-money laundering... Read More

The Foreign Corrupt Practices Act—2018 review
Posted on 12-20-2018 by Lisa Thompson

2018 has been a record year of penalties issued for breaches of the Foreign Corrupt Practices Act (FCPA). Settlements totaling more than $2.96 billion were agreed by corporations found to be in breach of the Act. The year saw further indications of the FCPA’s global reach, witnessed the first judgments... Read More

Enter the ninja: A disciplined approach to defeat regulatory risk
Posted on 12-05-2018 by Lisa Thompson

Forget about the turtles. Today is International Ninja Day, but what we’re on about has more to do with regulatory risk than teenagers or (as far as we know) mutants. Why does International Ninja Day make us think ‘compliance program’? International Ninja Day was the brainchild of... Read More

Can companies use ISO 37001 to help eradicate poverty?
Posted on 10-17-2018 by Lisa Thompson

Twenty-five years ago, the United Nations General Assembly declared October 17th International Day for the Eradication of Poverty . In marking the anniversary, the UN has stated that … “all people must come together to end poverty and discrimination in order to build a sustainable future... Read More

Failing to address sanctions risk leads to costly fine for one French bank
Posted on 10-04-2018 by Lisa Thompson

French bank Société Générale expects to pay penalties of nearly $1.3 billion to settle allegations of breaching U.S.sanctions. It made dollar transfers on behalf of entities based in countries which were subject to U.S.sanctions. The fine is just the latest evidence of the... Read More

Why the Energy Sector Needs Better Due Diligence & Risk Monitoring
Posted on 08-23-2018 by Lisa Thompson

No industry is impervious to bribery and corruption risk, but companies linked to energy industries, in particular, face elevated risks in order to reap the equally-high rewards. It’s a topic we’ve touched on in blog posts on Unaoil and Petrobras . But anti-bribery and corruption regulations... Read More

Danske Bank and Siemens invite ABC compliance in the boardroom
Posted on 08-16-2018 by Lisa Thompson

Danske Bank and Siemens have appointed chief compliance officers to their boards of directors this summer. We explore why compliance has become accepted as a critical function in any company. At the next board meeting of Denmark’s biggest bank, a chief compliance officer will be at... Read More

What can companies do to manage bribery and corruption risk better?
Posted on 06-12-2018 by Lisa Thompson

Kathryn Higgs is Director of Transparency International’s Business Integrity Program. Prior to that she was head of ethics and compliance at Tesco and chief compliance officer at Balfour Beatty. In an exclusive interview with LexisNexis, she says that technology has increased the risk of bribery... Read More