The U.S. government's bribery case involving Hungary's largest telecommunications company closes after two former executives Monday agreed to pay penalties and accept a five-year bar on serving as an officer or director.
The World Bank Group is set to name Pascale DuBois to its top anticorruption post as its next Integrity Vice President.
Former deputy U.S. attorney general Larry Thompson was named independent corporate monitor overseeing compliance reforms at Volkswagen AG for the next three years by the U.S. government on Friday.
Trevor McFadden, the U.S. Department of Justice's Criminal Division acting principal deputy assistant attorney general, says the DOJ intends to wrap up old cases and accelerate new investigations.
The 2017 Proxy Monitor Report sponsored by the Manhattan Institute for Policy Research, a domestic policy think tank, finds that these are the top issues to watch this 2017 proxy season.
Although the U.S. Justice Department's FCPA pilot program has publicly declined prosecution in five cases based on similar criteria, the outcomes were varied. Here at a glance are the results of the five cases resolved under the program so far.
Weighing the risks of self-reporting a bribery violation, or hiding it, has always been a thorny issue for companies. That's the dilemma at the heart of the U.S. Justice Department's pilot program for violations of the Foreign Corrupt Practices Act. The Justice Department is mulling whether to conti
A new survey by consultant EY finds that more than three-quarters of board directors and senior managers in Europe, the Middle East, India and Africa who responded to a survey said they could justify unethical behavior if it would help their businesses survive.
In the spring of 2003, Robert Olson, then general counsel of Chiquita Brands International Inc., was advising the company on whether to continue making illegal "security payments" to known terrorists in Colombia. The money bought protection for the company's employees and banana plantations.
Kara Brockmeyer, chief of enforcement for the Foreign Corrupt Practices Act and 17-year-veteran at the SEC, is leaving the agency at a time when the new administration is looking at how it might change enforcement of bribery laws.