LexisNexis® Legal Newsroom
Q&A With Ron Berenbeim – Linking Corruption and Human Rights

When boards and management discuss corruption, it's usually in the prism of the Foreign Corrupt Practices Act (FCPA) or some other ethics-related law such as the recent United Kingdom Bribery Act. However, the United Nations is trying to change this mindset as it continues to implement it newest...

FCPA Enforcement: Why the Increase between the First 25 Years and the Last 5?

On Thursday, March 10, the World Compliance Tour came to Houston. It featured presentations by Michael Volkov, of the law firm of Mayer Brown; Ryan Morgan, of World Compliance; and Richard Cassin, author of the FCPA Blog . The session was very informative on a wide range of topics related to the Foreign...

Fast and Furious: Corruption in Brazil and Upcoming World Cup and Olympics

I recently saw the latest installment of the Fast and Furious franchise, entitled "Fast Five". In this installment, Vin Diesel as Dominic Toretto and Paul Walker as Brian O'Conner led a team which steals over $100 million from a Brazilian crime boss. One of the storylines of the movie...

The Biomet SEC Complaint: Lessons for Internal Audit

On March 26, 2012, both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) announced the resolution of enforcement actions against Biomet Inc. a US entity, which manufactures and sells global medical devices around the world. It is headquartered in Fort Wayne, Indiana...

Isn’t It Ironic, Don’t You Think?

This article was reprinted with permission from FCPA Professor [Proper citation to Alanis Morissette is in order, this song makes for good background music as well for this post] This post has been in the works for some time, but with the recent political conventions ending and the election...

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Show Me the Money – Employee Compensation to Prevent Bribery and Corruption

The GlaxoSmithKline PLC (GSK) matter continues to resonate across the compliance world. Ongoing news releases by the company and announcements from named and un-named sources on the underlying facts continue to generate press worldwide. But there are also several important lessons to be learned from...

Scalping Tickets and the Use of Fake Invoices in China

I long ago learned that there is no such thing as a ‘sold out event’; as the scalping of and for tickets to sports events is a long and time honored tradition. However with the advent of such websites as StubHub.com, it certainly has never been easier to purchase tickets to any concern or...

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Transparency International’s Progress Report

This article was reprinted with permission from FCPA Professor Transparency International (TI) does good work in raising awareness of bribery and its effects and seeking to reduce bribery and corruption around the world. Yet, every time I read TI’s annual progress report on OECD Anti-Bribery...

Money tender

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Secretary of State Kerry Gets It Right

This article was reprinted with permission from FCPA Professor Secretary of State John Kerry got it right recently when he linked trade barriers and other distortions to – among other things – corruption. Speaking to American Chamber of Commerce participants in Poland, Secretary of...

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Financial fraud word cloud

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Fraud

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bribery; corruption; FCPA; bribe; corrupt; payoff; pay-to-play

Tax fraud

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