Download or read book Putting Effective Anti Corruption Compliance Programs Into Practice written by Vijay Sampath and published by . This book was released on 2015 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global anti-corruption enforcement activity focuses on sanctioning organizations and individuals for violating anti-corruption laws. As part of the sentencing process, regulators have emphasized remediation efforts companies must undertake so that violations are proactively detected before they occur. For these purposes, companies have to institute and maintain effective compliance programs that evolve with changing laws and business conditions globally. Drawing from resolved enforcement actions and guidance provided by regulators, I examine best practices to achieve an effective compliance program. As an overarching point, I believe it is imperative for companies to leverage the most current technology solutions to implement an effective compliance program. I discuss the components and functionality of an integrated technology solution designed for anti-corruption compliance.
Download or read book Foreign Corrupt Practices Act Compliance Guidebook written by Martin T. Biegelman and published by John Wiley & Sons. This book was released on 2010-04-26 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign Corrupt Practices Act Compliance Guidebook shows readers how the Foreign Corrupt Practices Act (FCPA) has grown to critical importance to any U.S. company that does business in a global environment, as well as foreign companies that supply or have agency agreements with U.S. companies. It provides an overview of the business risks and guidance on spotting potential red flags regarding FCPA violation. Business professionals are provided with practical guidance on managing FCPA requirements as part of an overall compliance program.
Download or read book Bribery and Corruption written by Brian P. Loughman and published by John Wiley & Sons. This book was released on 2011-10-20 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: As businesses continue to expand globally into new and emerging markets, bribery and corruption risks have increased exponentially. Bribery and Corruption offers a comprehensive look at this growing problem, and at the Foreign Corrupt Practices Act (FCPA) and other international anti-bribery and corruption conventions. Presenting hypothetical examples of situations companies will face, along with practical solutions, the book offers detailed global guidance on a region and country-specific basis. The FCPA prohibits US companies and their subsidiaries from bribing foreign officials, either directly or indirectly through intermediaries, for the purpose of obtaining or retaining business. It also requires companies to keep accurate records of all business transactions and maintain an effective system of internal accounting controls. Internationally, the Organization of Economic Cooperation and Development's (OECD's) anti-bribery convention has been adopted by 38 countries and creates legally binding standards related to bribery of foreign public officials. Written by renowned accounting fraud experts Richard A. Sibery and Brian P. Loughman, and providing an introduction and overview of the Foreign Corrupt Practices Act (FCPA) and international bribery laws, Bribery and Corruption considers: How to conduct FCPA risk assessments and investigations How to consider FCPA specific financial controls How to implement an FCPA compliance program and how to measure FCPA compliance The risk of bribery and corruption continues to be an area of concern for companies around the world, but armed with Bribery and Corruption, it is easier than ever to understand the challenges that exist and how to deal with them.
Download or read book Anti Corruption Compliance written by Gemma Aiolfi and published by Edward Elgar Publishing. This book was released on 2020-07-31 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This indispensible book offers step-by-step guidance to small and mid-sized companies and non-profit organizations in managing corruption risks in overseas markets. It covers how and why to build a culture of integrity, develop a risk-based anti-corruption compliance programme, and engage with other industry players in collective action against shared corruption challenges, taking a hands-on approach and featuring case studies, quick definitions, tips and practical tools such as checklists.
Download or read book Resolving Foreign Bribery Cases with Non Trial Resolutions Settlements and Non Trial Agreements by Parties to the Anti Bribery Convention written by OECD and published by OECD Publishing. This book was released on 2019-03-10 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Non-trial resolutions, often referred to as settlements, have been the predominant means of enforcing foreign bribery and other related offences since the entry into force of the OECD Anti-Bribery Convention 20 years ago. The last decade has seen a steady increase in the use of coordinated multi-jurisdictional non-trial resolutions, which have, to date, permitted the highest global amount of combined financial penalties in foreign bribery cases. This study is the first cross-country examination of the different types of resolutions that can be used to resolve foreign bribery cases.
Download or read book OECD Public Integrity Handbook written by OECD and published by OECD Publishing. This book was released on 2020-05-20 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Public Integrity Handbook provides guidance to government, business and civil society on implementing the OECD Recommendation on Public Integrity. The Handbook clarifies what the Recommendation’s thirteen principles mean in practice and identifies challenges in implementing them.
Download or read book Designing an Effective Anti Bribery Compliance Program written by Stuart H. Deming and published by . This book was released on 2019-06-07 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's global marketplace, it is essential for companies create and implement anti-corruption policies and procedures to meet their legal compliance obligations and mitigate risks. In a single, concise publication, author Stuart H. Deming successfully integrates the critical factors that require consideration in designing and implementing an effective anti-bribery compliance program. In so doing, he provides a practical framework that is invaluable in almost any legal setting. The highly practical appendices include a checklist of key components of an effective compliance program and sample compliance provisions for third-party agreements.
Download or read book Frequently Asked Questions in Anti Bribery and Corruption written by David Lawler and published by John Wiley & Sons. This book was released on 2012-04-10 with total page 599 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical guide to addressing the challenges managers face in implementing and enforcing new anti-bribery regulations The Bribery Act became the law of the land in July 2011. It abolished all existing U.K. anti-bribery laws and replaced them with a suite of new regulations decidedly different and more strenuous than what has come before. Under it companies found noncompliant will be open to billions in penalties and remediation costs, and managers will be open to prosecution if anyone associated with their company commits an offence covered by the act. As employees in nearly all departments will share responsibility for ensuring that adequate procedures are in place and enforced, there is a screaming need for practical, jargon-free guidance on the subject. This book fills that need. It arms managers and advisors with the knowledge and tools they need to implement, communicate and test controls and procedures that not only comply with but exceed the new anti-bribery requirements. It also offers priceless pointers on how to effectively react to bribery allegations if and when they occur. Packed with takeaway tips and checklists that put crucial information at readers' fingertips Written by a chartered accountant and compliance expert, the book offers practical steps managers should take to guarantee company compliance Describes best practices in anti-bribery and corruption compliance in all key business areas, including accounting, sales and marketing, management, legal, and internal auditing
Download or read book The Liability of Legal Persons for Foreign Bribery A Stocktaking Report written by OECD and published by OECD Publishing. This book was released on 2016-12-09 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents a chronology and a “mapping” of the features of the systems for liability of legal persons found in Parties to the OECD Anti-Bribery Convention.
Download or read book Building a World Class Compliance Program written by Martin T. Biegelman and published by John Wiley & Sons. This book was released on 2008-06-20 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by a long-standing practitioner in the field, this timely and critical work is your best source for understanding all the complex issues and requirements associated with corporate compliance. It provides clear guidance for those charged with protecting their companies from financial and reputational risk, litigation, and government intervention, who want a robust guide to establish an effective compliance program.
Download or read book The Detection of Foreign Bribery written by OECD and published by OECD Publishing. This book was released on 2017-12-12 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Anti-Bribery Convention focuses on enforcement through the criminalisation of foreign bribery but it is multidisciplinary and includes key requirements to combat money laundering, accounting fraud, and tax evasion connected to foreign bribery. The first step, however, in enforcing foreign bribery and related offences is effective detection. This study looks at the primary sources of detection for the foreign bribery offence and the role that certain public agencies and private sector actors can play in uncovering this crime. It examines the practices developed in different sectors and countries which have led to the successful detection of foreign bribery with a view to sharing good practices and improving countries’ capacity to detect and ultimately step-up efforts against transnational bribery. The study covers a wide range of potential sources for detecting foreign bribery: self-reporting; whistleblowers and whistleblower protection; confidential informants and cooperating witnesses; media and investigative journalism; tax authorities; financial intelligence units; other government agencies; criminal and other legal proceedings; international co-operation and professional advisers.
Download or read book Best Practices Under the FCPA and Bribery Act written by Thomas Fox and published by . This book was released on 2013-04-16 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past few years I have tried to provide the compliance practitioner with solid information that can be used to implement, review and enhance a US Foreign Corrupt Practices Act (FCPA) or UK Bribery Act based compliance program. I am often asked to collect my blog posting regarding what are the current best practices for an anti-corruption/anti-bribery compliance program. In other words, what are the specifics of a compliance program? This volume is an attempt to provide the compliance practitioner with information that can be used for the 'nuts and bolts' of compliance. Using a format similar to the recent US Department of Justice (DOJ) and Securities and Exchange Commission (SEC) guide, "A Resource Guide to the U.S. Foreign Corrupt Practices Act. The Foreign Corrupt Practices Act (FCPA)" [the "Guidance"], I have included some of my thoughts on what you can do to create and maintain a best practices compliance program. I have also included some of my prior articles on how to create and maintain such a compliance program using the Six Principles of Adequate Procedures compliance regime under the UK Bribery Act.
Download or read book Harmonising Anti corruption Compliance written by Mark Pieth and published by Dike Publishers. This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: New anti-corruption laws and intensified law enforcement - in particular, in Organization for Economic Co-operations and Development (OECD) Member States - are motivating companies to implement sound anti-corruption compliance programs. This will help reduce risk and may also serve as a business tool. Yet, companies are increasingly voicing the need for a harmonized approach to compliance. The OECD Guidance, enacted in 2010, may well serve as a template for such a standard, since it has been adopted by the Member States of the OECD by unanimity. This book gives an introduction to anti-corruption compliance and the OECD standards in particular. It will help managers and other corporate practitioners identify the needs for their company and know what to ask for.
Download or read book Preventing Corporate Corruption written by Stefano Manacorda and published by Springer Science & Business. This book was released on 2014-04-28 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the results of a two-year international research project conducted for the United Nations Office on Drugs and Crime (UNDOC) to investigate and provide solutions for reducing bribery and corruption in corporations and institutions. It starts with an empirical case study on the effectiveness of a set of self-regulation rules adopted by multinational companies in the energy sector. Second, it explores the context and factors leading to corruption internationally (and the relationships between domestic criminal law and self-regulation). Third, it examines guidelines for the adoption of compliance programs developed by international institutions, to serve as models for the future. The principle result of the book is a three-pronged Anti-Bribery Corruption Model (so called ABC Model), endorsed by the United Nations, intended as a corruption prevention tool intended to be adopted by private corporations. This work provides a common, research-based standard for anti-bribery compliance programs, with international applications. This work will be of interest to researchers studying Criminology and Criminal Justice, particularly in the areas of organized crime and corruption, as well as related areas like Business Ethics and Comparative International Law.
Download or read book Strategies for Minimizing Risk Under the Foreign Corrupt Practices Act and Related Laws written by Mike Koehler and published by Edward Elgar Publishing. This book was released on 2018-11-30 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the minds of some, complying with the US Foreign Corrupt Practices Act and related laws such as the UK Bribery Act is easy: 'you just don't bribe'. The reality, as sophisticated professionals know, is not so simple. This book is for professionals across various disciplines who recognize the difficulties of compliance and want to learn strategies for minimizing risk under aggressively enforced corporate bribery laws. The book uses issue-spotting scenarios to present risk and guides professionals through various components of compliance best practices from the fundamentals of conducting a risk assessment and effectively communicating compliance expectations, to implementing and overseeing compliance strategies.
Download or read book The Compliance Mentorship Program written by Jessica Tillipman and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, the anti-corruption, ethics, and compliance landscape has changed dramatically. This is a direct consequence of a global anti-corruption enforcement effort led by the United States through its enforcement of the Foreign Corrupt Practices Act. The increase in enforcement has also been spurred by the adoption of several multilateral anti-corruption agreements, such as the Organization for Economic Co-operation and Development (OECD) Anti-Bribery Convention and the United Nations Convention Against Corruption (UNCAC). These agreements have spurred several countries to enact anti-corruption laws, such as the U.K. Bribery Act, Brazil's Clean Company Act, and France's Loi Sapin II. The laws prohibit, among other things, the bribery of foreign government officials. They also encourage companies to dedicate resources to developing anti-corruption compliance programs and maintaining robust internal controls.The increase in anti-corruption enforcement has profoundly impacted large, multinational corporations. Many of these companies have responded to the enforcement increase by investing heavily in sophisticated compliance programs designed to prevent or mitigate liability for anti-corruption violations. The development of rigorous internal compliance programs has been particularly pronounced in the defense industry, especially among large, U.S. defense contractors.Unlike their large counterparts, many small government contractors are largely unable to keep up with the rapidly evolving trends and best practices in ethics and compliance. Their inattention to this critical area leaves them at risk for compliance failures, fraud, and corruption. As a result, small contractors are more likely than their large counterparts to be debarred from the U.S. procurement system.Despite the harsh consequences of compliance deficiencies, few small contractors are likely to dedicate resources to the development of vital compliance policies and internal controls because of the reality of limited resources. This has created a critical gap in the defense industry supply chain, as many large contractors may partner with small companies that lack the sophistication and resources necessary to ensure compliance with the many government contracts compliance requirements.One solution to this growing problem is to incentivize large government contractors to help their small subcontractors develop compliance programs. The incentives, of course, must be substantial enough to convince large contractors to share their confidential and proprietary compliance programs and best practices.Fortunately, a model for this type of arrangement exists in the U.S. procurement system. The “mentor-protégé” program is designed to help small businesses navigate the immense government contracts regulatory system.Under this program, generally a larger, more experienced contractor serves as a “mentor” to a smaller contractor (the “protégé”). The mentor, among other things, guides the protégé through the complex procurement regime by sharing expertise and resources. In return, the mentor is provided with contractual opportunities and incentives by the U.S. Government.This model could benefit companies in the compliance space by providing a mechanism for contracting parties to exchange information and ensure transparency throughout all levels of the procurement process.This article recommends incentivizing large businesses to utilize their vast resources to assist their small business partners with the development of internal ethics and compliance programs in order to improve the overall integrity of the government procurement system. It analyzes the development of global anti-corruption compliance standards through an overview of noteworthy changes in laws, regulations and enforcement, as well as the current compliance risks that large companies face when contracting with smaller companies who lack robust compliance systems and internal controls. The article concludes by recommending the adoption of a corporate mentor-protégé program that incentivizes larger companies to dedicate resources to helping smaller contractors develop anti-corruption compliance programs.
Download or read book Effective Leadership Skills in Compliance CCO 3 0 and Beyond written by Thomas Fox and published by . This book was released on 2016-02-29 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can you move to becoming an effective leader? It is much more than simply managing. In this book, I lay out specific techniques, skills and tools that you can incorporate into your everyday practice to help you become a recognized leader and will enable you to move compliance into the very fabric of your organization.
