Featured Articles
Recent reports of sexual harassment committed by powerful men also highlight the failures of corporate compliance programs designed to protect employees. This is because few companies understand how their employees reach unethical and illegal decisions or have compliance strategies aimed at curbing them, according to research by a professor in the Indiana University Kelley School of Business.
The importance of having a strong corporate culture has been well documented. From upholding ethics to driving innovation, organisational performance can be very much influenced by cultural aspects, such as values, mission, communication and the prevailing organisational atmosphere. It is therefore vital that boards understand the culture in their organisations so they can provide effective leadership and direction to the business. If the culture is suboptimum, they also need to be clear about what they desire it to be before they can chart a path towards achieving it.
Anti-Corruption
A former Hong Kong government official has been arrested in the US on charges of participating in a “multi-year, multimillion-dollar …
Kingdom 4280.SE had approached banks to obtain the loan, but the financing plan has been held up because the lenders are worried about …
The Colorado Public Utilities Commission said its probe found violations that included 12 drivers with felony convictions, 17 drivers …
Corruption scandals have grabbed media headlines for the past five years with an incredible rise in awareness around bribery and …
Mike Papantonio: Sixty U.S. Navy Admirals are now part of a massive investigation looking into bribery and corruption charges that …
US officials announced Monday that former Senegalese top diplomat Cheikh Gadio and Hong Kong’s Patrick Chi Ping Ho sent huge bribes to …
Governance and Ethics
A lot has been said about millennials, those born in the ‘80s and who came of age during the 21st century. While I don’t think it’s …
A probe by the Serious Fraud Investigation Office (SFIO) has found that “all corporate ethics were compromised” in the merger between …
The Uday Kotak committee recently submitted a proposal to SEBI for improved corporate governance norms involving higher empowerment of …
My piece “There is no system of governance without ideology” (FMT, Nov 20) elicited a few comments in the letters to editor column.
Malcom Young died over the weekend. He was the rhythm guitar half of brothers who founded AC/DC, the great Australian rock and roll …
I like to repeat myself – attorneys are valuable for only two reasons: (1) attorney-client privilege; and (2) advice of counsel …
Anti-Money Laundering
The federal Financial Crimes Enforcement Network has hit Artichoke Joe’s Casino in San Bruno with an $8 million penalty for allegedly …
Aleksander Torshin, a former Russian parliamentarian and banking official accused of laundering money for organized crime by Spanish …
Switzerland’s financial regulator, FINMA, has sanctioned the Swiss subsidiary of JPMorgan Chase & Co. (JPM – Free Report) for money
The Trump Ocean Club International Hotel and Tower soars over Panama City bay, a 70-storey skyscraper shaped like a sail. Donald …
Since early 2016, JPMorgan and its CEO Jamie Dimon have focused on attempting to commercialize and market the term ‘blockchain” to …
A lack of regulation for betting shops could raise red flags when the island’s anti-money laundering measures are investigated by …
Cyber Risk
U.S. officials are spotlighting Iran’s efforts to spread its influence across the Middle East with what they describe as a …
BEIJING • China’s military yesterday launched a website inviting the public to report leaks and fake news, as well as illegal online …
Paying a ransom pales in comparison to the actual damage costs involved with a ransomware attack, which includes:
RIYADH, SAUDI ARABIA: Saudi authorities said Monday they had detected an “advanced” cyber attack targeting the kingdom, in a fresh …
That’s according to the latest DDoS Trends and Analysis report from Corero Network Security, which found that the rate of attacks, …
A rights group on Monday asked the Chinese government to stop building big data policing platforms to store personal information of its
Security Risks
The company doth protest too much. And this time, it’s really awkward: At the same time that Alibaba co-founder Joe Tsai announced he …
OTTAWA –The Opposition says it will not support the Liberal bill to overhaul national security, with Conservatives ripping Prime …
Drivers in the UK are being made aware of a scary potential threat of terrorists, who could remotely control their car.
Software developers love to reuse code wherever possible, and hackers are no exception. While we often think of different malware …
When the NotPetya cyber attack struck in June, taking the radiation monitoring system at Ukraine’s Chernobyl nuclear power plant …
Organisations’ threat surfaces are growing, increasing their vulnerability to cyber attacks. As well as the traditional physical and …
North America
The Colorado Public Utilities Commission said its probe found violations that included 12 drivers with felony convictions, 17 drivers …
An FBI informant gathered extensive evidence during his six years undercover about a Russian plot to corner the American uranium …
Michael Lathigee and Earle Pasquill were each slapped with a $15-million fine and ordered to pay back $21.7 million raised fraudulently
Prosecutors in New York on Monday unsealed a criminal complaint against the head of a non-government organization and a former …
Corruption scandals have grabbed media headlines for the past five years with an incredible rise in awareness around bribery and …
The necessity of cutting greenhouse gas emissions is at the heart of the Paris climate agreement, and, without that, nothing else may …
Latin America
Talk to a Brazilian lately and there is not much reason for him or her to be cheerful—other than the good shape of their national …
Speaking on national television on Wednesday, Kuczynski, 79, also denied having worked as a consultant to the company, which has …
PREPA, Puerto Rico’s electric utility, is fighting back against a proposed class action alleging it has been cheating on environmental …
RIO DE JANEIRO — For teachers in this seaside megacity, Rio de Janeiro’s surge in violence has meant making a life-or-death judgment …
Hour after hour in a New York City courtroom, the schemes to corrupt world soccer are spilling out.
Testimony in an ongoing trial in a US court has implicated two of Latin America’s biggest media companies in the wide-ranging FIFA …
Asia
A mushrooming corruption crackdown in South Korea has sparked claims of “political revenge” as prosecutors snare an increasingly long …
The British chief executive who exposed a £1.1bn scandal at the heart of Japanese giant Olympus has landed an international TV deal …
BEIJING • The government of the south-western Chinese city of Chongqing renewed its attacks on two of its disgraced former leaders …
South Korea’s spy agency told lawmakers Monday that North Korea has punished two of its top military officers, including one widely …
SINGAPORE: Several Uber users in Singapore have complained this month of being charged for rides they never took, often in faraway …
SEOUL: Two former heads of South Korea’s spy agency were arrested Friday on suspicion of paying millions of dollars in bribes to aides …
Europe
Police officers targeted by a controversial internal affairs unit will finally get to see a report about unlawful spying on them – but …
The Supreme Court on Monday allowed Karti Chidambaram amit corruption investigations to visit UK from December 1-10 for his daughter’s …
It is believed to be the second largest corporate fine in the country and has come about as the result of a change of the law in France
Sepp Blatter’s most senior vice-president at Fifa took at least $1 million in bribes to vote for Qatar to host the 2022 World Cup, a …
Hundreds of Haitian opposition activists took to the streets of Port-au-Prince on Saturday to protest the army’s remobilization and …
Germany’s financial regulator dropped a probe into whether Deutsche Bank AG’s two largest shareholders acted in concert, according to a
Middle East
Israeli police grilled Prime Minister Benyamin Netanyahu for a sixth time on Sunday over allegations of involvement in bribery, fraud, …
Members of the army have been arrested as part of Saudi Crown Prince Mohammed Bin Salman’s “anti-corruption” drive, the BBC reported …
Riyadh: Nearly six months into the Gulf crisis, Saudi Arabia and the United Arab Emirates are attempting to mobilize tribal opposition …
Driving ISIS out of the Iraqi town of Rawa – the group’s last stronghold in the country – was inevitable as a terrorist gang cannot …
Head of the Administrative Prosecution Authority (APA) Feryal Kotb ordered on Sunday five officials with the Egyptian Holding Company …
Crude oil prices recorded their fifth consecutive week of gains last week.
Africa
The government in Brazzaville is in the midst of a major corruption scandal relating to its relationship to Geneva-based commodities …
It was not clear why she did not attend as she was vetted, approved by the assembly and programmed
According to Aremu who is also the General Secretary of the National Union of Textile, Garment and Tailoring Workers of Nigeria, …
Two prisoners have given new meaning to the term “inside job” after they were caught running an extortion scam from inside the Odi …
US officials announced Monday that former Senegalese top diplomat Cheikh Gadio and Hong Kong’s Patrick Chi Ping Ho sent huge bribes to …
Anti-corruption campaigners called on Monday for enforcement agencies in the U.S and U.K. to open a full probe into a growing banking …
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.