When Control Risks meets international companies at the headquarters level, we often hear that facilitation payments really aren’t much of a problem anymore. Many take comfort from their "zero tolerance" policies.
Entries in facilitation payments (5)
Last week, the University of Houston Law Center released the most comprehensive free dataset for compliance benchmarking available. The Fortune 500 Code of Conduct dataset allows anyone to access the University’s website (without the worry of future spam emails that come with a “free” registration) and search through three years of data the Law Center has put together covering over forty different compliance areas including the Foreign Corrupt Practices Act.
In his call for the establishment of an international anti-corruption agency during last week’s Economic Crime Conference in Cambridge, UK (“We must create a global force to fight corruption”), Alexander Lebedev put forward some convincing arguments about how putting a stop to corruption will have huge benefits for the economy and society. He’s right -- getting governments to work together to enforce the law more rigorously is a critical part of achieving that.
After 18 years at the Justice Department, and leading the criminal division during 2013 and 2014, Mythili Raman joined Covington & Burling's white-collar crime and litigation practice in April.
She spoke to Julie DiMauro about aggressive enforcement, facilitation payments, deferred prosecution agreements, and her move to private practice.