The new home of the FCPA Newswire edited by Mike Kenealy
Wal-Mart Stores Inc (WMT.N) on Monday won the dismissal of a U.S. lawsuit accusing the world’s largest retailer of defrauding shareholders in its Wal-Mart de Mexico unit by concealing its suspected bribery of public officials in Mexico.
If the rule of law is not adequately enforced, it will be impossible to stanch corruption. In turn, it is not by chance that multinational companies face the most problems with bribery in countries with debased governments.
Whoever has been in the financial crime sector long enough knows that corruption uses many words but…corruption.
A major Swedish engineering company, Bombardier Transportation AB, is suspected of channeling millions of dollars in bribes to … Read More
The Justice Department’s FCPA enforcement and remediation focus on supervisory personnel is an interesting development.
The use of data in compliance programs continues to be held up as either a siren’s song or a goal which simply cannot be achieved. Most Read More
This week marks the 50th anniversary of perhaps the most iconic album cover in the history of rock and roll, Sgt. Pepper’s Lonely … Read More
The state of New York’s Department of Financial Services (DFS) issued the first state-level regulations on cybersecurity for financial … Read More
Hong Kong’s Securities and Futures Commission (SFC), has substantially increased its enforcement activity against individuals in the … Read More
Andy Fastow has two props he uses in speeches to explain how he ended up as one of the country’s most famous corporate criminals.
Companies’ reputations hinge on corporate governance, now more than ever, according to a new Reputation Institute poll
A company’s products and services are still the main drivers behind its reputation, but is no longer enough to win over the general … Read More
On March 7 and 8, General Dynamics, joined by TRACE International and the Romanian Chamber of Commerce and Industry, found 150 … Read More
PLEASANTON, Calif., March 28, 2017 /PRNewswire/ — Simpson Manufacturing Co. Inc. (SSD) announced that shareholders overwhelmingly … Read More
I read in the news that the Abu Dhabi Investment Authority has sued the Brazilian energy firm Petrobras over alleged corruption issues … Read More
That was in 2008, the heady year of catastrophe. The financial system had nearly collapsed, with the stock market shut and banks seeing Read More
The Russian government has drafted a bill that, if passed, would oblige auditors to report any operations conducted by their clients … Read More
Money laundering is a global problem. Moreover, such illicit funds are often used to finance criminal enterprises that undermine the … Read More
Russian officials are not cooperating in a US-based money laundering probe connected to a massive Russian tax fraud, the Department of … Read More
In a previous blog post, we looked at the problems and inefficiencies (such as huge numbers of false positive alerts) inherent in the … Read More
As President Donald Trump continues his rollback of regulations, the fate of one that would hold financial advisors accountable for … Read More
As the April 18 income tax filing deadline quickly approaches, many taxpayers are looking forward to the end of tax season. But for … Read More
Asia is an ideal environment for cybercriminals to thrive in due to high digital connectivity and the accelerating pace of digital … Read More
With penetration of cyber risk re/insurance increasing and seen as a huge opportunity for the market, questions turn to how best to … Read More
Deloitte to expand cyber risk platform for industrial control systems, operational technologies security
to expand its cyber risk platform for end-to-end industrial control systems (ICS) and operational technologies (OT) security with next Read More
Data from cyber insurance provider CFC Underwriting, a cyber insurance provider, has found that 38% of its claims in 2016 could have … Read More
There has been a lot of talk on cybercrime this year, with well-publicised attacks on major companies such as Santander, Yahoo, and … Read More
Hiring isn’t easy. And so, when a position has been open for a few months and things are getting tight, it can be tempting to hire … Read More
The global trend in counterfeiting and piracy is forecast to increase during the decade with China at the heart of production of fake … Read More
He then shines a blue ultraviolet light at the bottle, before picking it up and weighing it in his hands.
Afghanistan is expected to get up to 200 helicopters and other aircraft as part of a four-year plan to improve the nation’s security … Read More
Although it dates as far back as the 1950s, Artificial Intelligence (AI) is the hottest thing in technology today.
The information security threat landscape is constantly evolving. To help you navigate the terrain, each year the Information Security … Read More
Laval Police criminal investigators, together with members of the city’s new probity and ethics squad, conducted a search of Entraide … Read More
ATLANTA – The city has turned over a new batch of paperwork in the Atlanta City Hall Corruption Scandal.
SAN ANTONIO — Public corruption is the Federal Bureau of Investigation’s number one priority.
WASHINGTON – A staffer working for former U.S. Rep. Aaron Schock secretly provided the government with a trove of emails, credit card … Read More
Dynasoft Synergy CEO Jayavel Murugan, owner of Silicon Valley staffing firm, and Syed Nawaz charged with H-1B visa fraud
The two men obtained H-1B visas for more than a dozen individuals and falsely claimed the workers had jobs at Stanford University, … Read More
Former Pahrump businessman Jeffrey Turino was sentenced Monday to the six years he already has spent in custody for his role in a … Read More
O nome dado no Brasil à investigação sobre a corrupção na Petrobras atravessou as fronteiras do país após a revelação de que a … Read More
BRASÍLIA- O Senado poderá retomar a partir desta quarta-feira a tramitação do projeto de iniciativa popular das dez medidas contra a … Read More
Fue durante la audiencia en la Cuarta Sala de la Corte de Apelaciones, donde se revisaron las medidas cautelares de impurtados en el … Read More
Las autoridades se han encontrado con un factor común entre los implicados en el escándalo por el pago de sobornos de Odebrecht, a la … Read More
Luego se ubican el contrabando y las infracciones a las leyes de Bancos y de Mercado de Valores.
ALOR GAJAH: The Malaysian Anti-Corruption Commission (MACC) opened 50 investigation papers and detained 18 people to assist with cases … Read More
Taipei, March 29 (CNA) Taiwan has made a slight improvement in combating corruption in the Asia-Pacific region, as indicated by its … Read More
Malaysian football needs to work harder to ensure the integrity of the sport, according to the Malaysian Anti-Corruption Commission … Read More
India is known as the world’s largest democracy, but one which also suffers from the problem of corruption. In recent elections, in the Read More
Juthamas Siriwan, the Thai official who took bribes from the U.S. organizers of the now-defunct Bangkok International Film Festival, … Read More
AUSTRALIA cancelled a vote on Tuesday to finally ratify an extradition treaty with China, 10 years after it was signed, with the … Read More
The U.S. Department of Justice (“DOJ”), Fraud Section recently published a list of topics and questions that it has “frequently found … Read More
Cyprus’ reputation is taking a hammering abroad with past sins related to money laundering being rehashed and presented as current … Read More
Urdea, a former presidential candidate and close political ally of former president Traian Basescu, was convicted on charges of bribery Read More
To improve the education and status of office workers the protection of whistleblowers and to make civil servants resistant to … Read More
To say that Romanian cinema punches above its weight would be an understatement bordering on the bigly. Since the mid-aughts, the … Read More
Muscat: There has been a 7.5 per cent decline in the number of corruption cases in Oman in 2016 compared to 2015, the Public … Read More
The New York police arrested the deputy chief of Turkey’s fifth-largest bank this week for suspected involvement in transferring … Read More
Daimler shareholders have had little reason to criticize the carmaker’s latest sales drive. But during their annual meeting in Berlin, … Read More
Once again, Israel stood up to its nickname, Startup Nation, when two weeks ago Intel paid the awesome sum of $15.3 billion to acquire … Read More
Nairobi: The price of ivory has fallen by nearly two-thirds in the last three years, according to research conducted in China and … Read More
The publication of the Regulations is driven by the continued effort to attract additional foreign investment into the Kingdom and to … Read More
In a cartoon that appeared in the Nation on March 14, the cartoonist depicted Wanjiku (ordinary Kenyan) wishing that the government, … Read More
YOLA, Nigeria (AP) – A former Nigerian governor sentenced to five years’ jail for corruption has been granted bail to seek medical care Read More
Taxpayers have likely lost Sh40 billion in a project to build a new 450-kilometre fuel pipeline between Mombasa and Nairobi, the Nation Read More
The Asset Management Corporation of Nigeria (AMCON) has criticised previous managers of Arik Air and Aero Contractors for negligence of Read More
My attention has been drawn to a misleading video clip of less than 2 minutes, taken out of a more than 3 hour3-hourdiscussion I … Read More
About Anti-Corruption Digest
Anti-Corruption Digest is your source for international risk and compliance related news, insights and best practices. Anti Corruption Digest features various corporate compliance issues such as money laundering, business ethics, government ethics, compliance, and cyber risks from around the world. Anti-Corruption Digest is the new home of the Foreign Corrupt Practices Act (FCPA) Newswire edited by Mike Kenealy. Follow us on Social Media.
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Categories: Justice News