Tags » Foreign Corrupt Practices Act
A Trade-Anticorruption Breakthrough?: The Trans-Pacific Partnership's Transparency and Anticorruption Chapter
Compliance executives say globalization amplifies regulatory challenges–and agree local knowledge and communication are keys to overcoming them
Globalization has opened more business opportunities around the world, but the pace and rigor of regulatory oversight and enforcement are rising as well, and regulators are cooperating more across international lines. 901 more words
Who Are Your Customers, Business Partners and Employees? Information Drives an Effective Anti-Corruption Program
America’s multinational retail corporation Wal-Mart is suspected to have paid bribes worth millions of dollars in India, according to a media report.
In a major report, The Wall Street Journal said Wal-Mart’s “suspected bribery” unearthed in India involves thousands of small payments to low-level local officials to help move goods through customs or obtain real-estate permits. 21 more words
So this might not be the most important question in the world, but I’ve been wondering why the U.S. Government’s investigation into Walmart’s alleged violations of the Foreign Corrupt Practices Act (or, more accurately, FCPA violations committed by Wal-Mart’s Mexican subsidiary, Walmex) has yet to produce a final settlement. 1,399 more words