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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Neil Hodge2023-02-22T14:59:00
The European Commission published a collection of best practices companies and compliance officers might find useful to combat corruption.
The guide, called the “Handbook of Good Practices in the Fight Against Corruption,” is composed of 27 ideas, initiatives, or practical advice—representing one from each European Union member state—to prevent bribery and corruption and improve transparency, accountability, and good corporate governance. It was published Feb. 15.
Case studies highlighted in the handbook include a new data analysis tool in Finland that assists law enforcement agencies to process large quantities of data so cases that require more detailed investigation can be more easily identified, while Slovenia introduced a system where different key databases have been merged to create a “one-stop shop” mechanism to help combat economic crime and make public information more easily accessible to citizens. Slovakia, meanwhile, has taken steps to improve transparency around beneficial owners of companies.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2023-02-09T15:36:00Z By Neil Hodge
The Serious Fraud Office secured the convictions of two executives at failed British steel trading business Balli Steel on six counts of fraud. Legal experts examine whether “record-breaking” international cooperation in the case served as a crutch for the U.K. regulator.
2023-02-07T12:54:00Z By Aaron Nicodemus
Integrity Distributed has launched a collaborative research project seeking to develop anti-corruption detection technology that includes academic, technological, and corporate partners.
2023-02-03T17:10:00Z By Jaclyn Jaeger
Around the world, countries attempting to address their corruption issues are not making much progress, while countries failing to address corruption are worsening the problem, according to Transparency International’s latest Corruption Perceptions Index.
2024-06-03T18:48:00Z By Aaron Nicodemus
Swedish telecommunications giant Ericsson announced the conclusion of the independent compliance monitorship imposed on the company following its 2019 settlement for violations of the Foreign Corrupt Practices Act.
2024-04-04T00:41:00Z By Aaron Nicodemus
Former Albemarle CCO Andrew McBride explained at Compliance Week’s 2024 National Conference how he led the company’s compliance department to remediate the issues that led to apparent FCPA violations and how the team used data analytics to assess risks and implement compliance solutions.
2024-03-29T18:46:00Z By Jeff Dale
Swedish telecommunications company Ericsson announced its independent monitor appointed by the Department of Justice certified its compliance program satisfies the requirements ordered by the U.S. agency following its 2019 Foreign Corrupt Practices Act settlement.
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