The UK's Financial Conduct Authority (FCA) fined Besso Limited £315,000 ($520,000) for its failure to take reasonable care to establish and maintain effective systems designed to prevent and detect bribery and corruption risks.
Entries in anti-corruption (3)
The threat of a possible Phase 3bis evaluation, leading to a public statement of non-compliance, is a sure sign that the Organisation for Economic Co-operation and Development (OECD) Working Group has encountered a brick wall.
We recently blogged about the U.N.'s new International Anti-Corruption Academy (IACA), which brings professionals and academics from around the world to Vienna, Austria. Professors and students alike teach and learn, question and answer, argue and laugh. I've just returned from a one-week stint, teaching courses on Comparative Anti-Corruption Law and Corruption and the Rule of Law.