Contacts with a government in the course of conducting every day business raise the risk of providing something of value to a foreign official. This risk can be minimized via appropriate controls and efforts on the part of industry groups, through collective action, to improve regulatory quality.
Entries in Czech Republic (17)
Since the start of the Ukraine crisis, NATO Secretary General Anders Fogh Rasmussen has called on NATO countries to increase defense spending. Poland has announced plans to accelerate a major military modernization program. And Latvia, Lithuania, Romania and the Czech Republic have all promised to increase their defense spending.
The Securities and Exchange Commission Monday charged Bruker Corporation with violating the Foreign Corrupt Practices Act by paying for sightseeing trips and shopping expenses for Chinese government officials responsible for buying the company's products.
The director of the UK Serious Fraud Office said the agency is close to making more arrests in its bribery investigation of jet engine maker Rolls-Royce Holdings Plc.
I would hope that all of us have those moments when the course of our life pivots, and we suddenly find ourselves moving forward in a wonderfully new direction. Whether professional or personal, whether big and dramatic or small and subtle, these moments do much to define us. One of mine recently came at the Brookings Institution’s World Forum on Governance.
Two people were arrested in London on Wednesday as part of the Serious Fraud Office's investigation into aerospace and defense company Rolls Royce's dealings in Asia.
The publication last week of the EU’s first corruption monitoring report, with biennial ones to follow, highlights a striking disparity between its 28 members in tackling corruption.
Prime Minister Petr Necas of the Czech Republic announced Monday he'll resign after being engulfed in a corruption and abuse-of-power scandal.
Country: Czech Republic
Company Involved: Tatra AS
Industry Subsector: Commercial Vehicles & Trucks
A travel agency in the Czech Republic is offering popular tours of local sites linked to corruption.
Anti-corruption laws are breaking out all over. In a few days, the U.K. Bribery Act will be a reality. Other countries, prodded by the OECD and U.S., are criminalizing overseas public bribery.