- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Enforcement of the U.S. Foreign Corrupt Practices Act and U.K. Bribery Act has skyrocketed in recent years, and it's no surprise that bribery and corruption risks continue to keep compliance officers up at night.
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A subsidiary of McKinsey & Co. will pay nearly $123 million to the Department of Justice to settle allegations that it bribed officials in South Africa to win consulting contracts.
French defense and aviation contractor Thales Group is under investigation by authorities in the U.K. and France for allegedly participating in bribery and corruption.
Eight business executives, including the billionaire owner of Indian energy company Adani Group, were charged with fraud for their alleged roles in a multi-million bribery scheme to win a solar energy contract in India.
