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FCPA Blog Daily News

Entries in Nepal (8)


Field trip: Conducting preliminary market visits

In the e-book we wrote as a guide to navigating corruption challenges in emerging markets, we talk in one chapter about the particular risks companies face when they enter new markets.

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UK aid report generates misleading headlines but few ideas

The Independent Commission for Aid Impact scrutinizes the spending of the UK’s £11.5 billion ($18.4 billion) overseas development assistance budget. The aid budget, which is the second largest after that of the United States, has been expanded to reach .71% of GDP and represents a genuine achievement for the current coalition government in difficult financial times.

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Smith & Wesson pays SEC $2 million to resolve FCPA violations

Smith & Wesson Holding Corporation agreed Monday in an out-of-court settlement with the Securities and Exchange Commission to pay $2 million to resolve Foreign Corrupt Practices Act offenses.

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In South Asia, graft and weak pols create downward spiral

A report just released by Transparency International says corruption is on the rise in South Asia and failing to tackle it will threaten the region's economic progress by deepening poverty and scaring off investors.

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Former Austrian central banker on trial in banknote bribes case

Wolfgang Duchatczek, courtesy of YouTubeThe former deputy governor of Austria's central bank and eight other defendants went on trial Monday for allegedly bribing officials in Azerbaijan and Syria to win banknote contracts.

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'Corruption makes us backwards'

From Nepal, writer Shiva Aryal said:

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Global Contagion Report: Securency International

Country: Australia

Company Involved: Securency International

Industry: Financials

Industry Subsector: Banks

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Tone at the top of the world

The Emblem of the Kingdom of Bhutan འབྲུག་རྒྱལ་ཁབ་In the global battle against graft, the weapon that's most essential is also the one in shortest supply -- political will.

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