This month is the one year anniversary of the Panama Papers, a leak of 11 million documents from the Mossack Fonseca law firm that showed how easy it is for corrupt public officials, money launderers, drug traffickers and other criminals to hide behind anonymous companies and access the global financial system.
Entries in Transparency International (101)
A survey in Asia by Transparency International found that just over one in four people had paid a bribe to access public services during the prior year.
The U.S. Senate voted Friday to repeal an SEC rule that would have required oil and gas and mining companies to disclose each year all of their payments to foreign governments for concessionary rights, permits, taxes, and other things.
I received an order for almost $1 million of grenades from a Caribbean Island -- as I recall, it was Antigua. You don’t need to be an auditor to know that doesn’t look right.
The French bill for Transparency and Modernization of Economic Life, which, among other things, aims at preventing foreign bribery and intensifying the fight against it, has been the subject of much speculation during the past few months.
The OECD is hosting an Anti-Bribery Ministerial meeting Wednesday (March 16) to discuss how to strengthen implementation of its Anti-Bribery Convention. One of the issues on the table for discussion is how to encourage voluntary disclosure by companies of wrongdoing and how settlements can be used to do that.
The just released Transparency International Middle East & North Africa, Government Defense Anti-Corruption Index is exhaustive and thorough, and from my experience well represents the real-world risk which exists in the region.
The DOJ has unveiled new guidance to federal prosecutors about bringing criminal cases against individuals in instances of corporate wrongdoing.