The Anti-Corruption Report

The definitive source of actionable intelligence covering anti-corruption laws around the globe

Articles By Topic

By Topic: Commercial Bribery

  • From Vol. 7 No.8 (Apr. 18, 2018)

    ACR Program Examines FCPA Enforcement and Local Anti-Corruption Efforts in China and Singapore

    Asia has long been the most active region for FCPA enforcement actions and investigations. China, which over the past nine years has had more than three dozen actions involving conduct in the pharmaceuticals, technology, manufacturing and other industries, has recently launched its own anti-corruption regime with a new super agency to enforce it. Additionally, the Keppel Offshore & Marine settlement (involving a decade of bribery committed by the world’s largest oil-rig builder) in late 2017 brought Singapore into the anti-corruption spotlight. During a recent program presented by The Anti-Corruption Report, local experts examined FCPA enforcement as well as local anti-corruption efforts in China and Singapore, challenges in conducting internal investigations in China, and the role of whistleblowers in the region. See “Practitioners Take the Pulse of Anti-Corruption Compliance and Enforcement in China” (Mar. 15, 2017).

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  • From Vol. 5 No.25 (Dec. 21, 2016)

    What to Expect From China’s Revised Commercial Bribery Law

    Draft revisions to China’s Anti-Unfair Competition Law, a wide-ranging statute governing e-commerce, trade secrets, false advertising and commercial bribery, were made public in February 2016. The revisions to the law, which was originally passed in 1993, include a new definition of commercial bribery, clarify when corporations can be held accountable for corrupt payments made by employees and expand the investigatory powers of the State Administration of Industry and Commerce and local AICs. The proposed new language, however, lacks clarity and possibly conflicts with existing law, Chinese attorneys told The FCPA Report’s sister publication Policy and Regulatory Report (PaRR). See The FCPA Report’s two-part series on data security in China: “Crossing the River by Feeling the Stones (Part One of Two)” (Sept. 14, 2016); and “Performing Due Diligence and Internal Investigations (Part Two)” (Sep. 28, 2016).

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  • From Vol. 4 No.12 (Jun. 10, 2015)

    Anti-Corruption Compliance Lessons from the FIFA Case

    The FIFA corruption scandal, which has already resulted in the indictment of 14 individuals, is drawing worldwide attention to anti-bribery enforcement.  The indictments describe a cacophony of bribe payments and a series of pay-to-play exercises designed to line the pockets of FIFA officials.  Although the FIFA case does not include FCPA charges, the expansive scandal and the enforcement action present many lessons applicable to global anti-corruption compliance.  In a guest article, Robert Appleton, a partner at Day Pitney, details the FIFA charges and discusses the compliance lessons that can be drawn from soccer’s biggest scandal.

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  • From Vol. 3 No.10 (May 14, 2014)

    Compliance Leaders from Citigroup and Morgan Stanley Examine FCPA Risks and Solutions for Financial Institutions

    Banks and other financial institutions are subject to constant regulatory scrutiny.  Given their global reach and government touchpoints, they face constant challenges in assuring compliance with the FCPA.  At a recent program sponsored by the New York City Bar Association, Chinwe Esimai, Senior Vice President of Global Anti-Bribery & Corruption at Citigroup Inc. and Morgan Heyer, Executive Director and Global Head of Anti-Corruption Group Compliance at Morgan Stanley, considered the most pressing FCPA risks in their industries (including the recent government inquiries into banks’ hiring practices) and how their companies are handling those risks.  The panel was moderated by Kimberly A. Parker, a partner at Wilmer Hale and Claudius O. Sokenu, a partner at Shearman & Sterling.  See “How Can Financial Services Firms and Employees Avoid FCPA Liability?,” The FCPA Report, Vol. 2, No. 16 (Aug. 7, 2013).

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