Appropriate systems and controls prevent the rise of a corporate environment in which unethical or unlawful behavior is ignored.
As enforcement authorities across the world ramp up efforts to investigate and prosecute corruption, compliance programs are becoming more important than ever.
Senior and middle management’s commitment to ABC is crucial to building a corporate culture that clearly and consistently challenges bribery and corruption.
There is a clear perception that employees who pay bribes on behalf of their organizations also benefit, both personally and professionally
When it comes to corruption prevention, it's not just compliance professionals who can spot opportunities for potential wrongdoing
While "tone from the top" is clearly important in framing an organization's ABC policies and culture, it is often the relationships that employees have with their immediate managers that is central to the ABC response.
Compliance functions are key to detecting—and deterring—bribery in any organization. The good news is that, in most instances, the teams are up to the task
Appetite continues to grow, driven by the emergence of new financial technology and asset classes
Deals are generally approved, but a new law increases the number and types of deals reviewed
Deals are generally not blocked by the Italian government. However, in connection with the clearance process, conditions may be imposed that can have a significant impact on the investment
While few deals are challenged in Canada, national security reviews are becoming more common and complex
New amendments potentially require foreign investors to disclose information about beneficiaries, beneficial owners and controlling persons as part of pre-clearance
National security interventions have, with one exception, involved defense considerations
Proposed European foreign direct investment regulation—a first step toward harmonized European investment controls
Deals are generally not blocked in Finland
New legislation has been proposed to expand the scope of French national security reviews, especially in the technology sector, and to strengthen the powers of French authorities to impose sanctions
Federal Ministry for Economic Affairs and Energy is enforcing a stricter regime for foreign direct investment reviews
Australia requires a wide variety of investments by foreign businesses to be reviewed and approved before completion
China is attempting to implement a more structured and comprehensive system to keep a closer eye on economic deals that might have security implications
Japan’s implementation of the 2017 amendments to FEFTA must be watched closely to see whether Japan will adopt a more aggressive stance
As the number and type of climate-related claims against companies, governments and individuals increase worldwide, pressure is mounting on businesses to ramp up action.