Illegal logging is a $10 billion business, according to Interpol, and is falling into the clutches of organized crime.
Entries in Due Diligence (54)
Last week, the DOJ and SEC issued their long-anticipated Resource Guide regarding the agencies’ FCPA enforcement. Over a year in the drafting, the 120-page Guide addresses, among other things, (1) the definition of a foreign official, (2) gifts and entertainment, and (3) the “hallmarks” of an effective corporate compliance program.
Last year the OECD issued a 65-page publication called 'Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
Michael Short of Ethics360 has written a new white paper called “The Role of Due Diligence in Anti-Corruption Compliance: How Much Is Enough?”
Tom Fox with a great summary of the biggest FCPA stories from the first half of 2012.
The DOJ's two-count criminal information filed in the Eastern District of Virginia charged DS&S with conspiring to violate FCPA’s anti-bribery provisions and a substantive FCPA count.
AlixPartners recently surveyed large multinationals about their compliance programs. Our goal was to better understand the ways in which companies are identifying and addressing corruption risk.
The U.K. Serious Fraud Office issued a news release on Friday 13th January stating that it has reached a civil settlement with the shareholders of Mabey Engineering (Holdings) Ltd to pay over £130,000 it received in dividends from Mabey & Johnson Ltd, its wholly owned subsidiary.