Tag Archives | compliance

Anti-corruption compliance in Russia: a way forward

19 September 2014 in Access to information, Accountability, Civil society, Europe and Central Asia, Impunity, Measurement and Research, Politics and government, Private sector, Whistleblowing

Tackling corruption and developing anti-corruption practices is becoming an increasingly serious topic for the Russian private sector. Recently, Transparency International Russia published the report “Transparency of Corporate Reporting and Anti-Corruption Policy in Russian Private Enterprise: Compliance as a Competitive Advantage” (English version here) with the aim of analysing the implementation of compliance policy in medium-sized […]

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Hungary’s whistleblower law offers no real protection

12 November 2013 in Civil society, Europe and Central Asia, European Union, Politics and government, Private sector, Whistleblowing

Since a new government came to power in 2010, Hungary has witnessed the emergence of new patterns and forms of corruption. The symbiotic relationship between the government and powerful business groups has deepened. Many oversight institutions have become less independent. Government decision-making lacks transparency, as private interests have captured the legislative process. As a result, […]

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HSBC, Panama: “Exit, stage right”

6 March 2013 in Americas, Private sector

The moral relativism that traditionally infects multinationals in hot, corrupt countries is going out of style.”  This is according to Jonathan Guthrie of the Financial Times, in discussing the decision of HSBC to close down its operations in Panama (Corruption Perceptions Index score in 2012: 38 out of 100).  The decision was  purportedly to increase […]

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How not to fall foul of the Foreign Corrupt Practices Act

16 November 2012 in Americas, Politics and government

This week the Department of Justice and the Securities and Exchange Commission published their long-awaited guidance intended to provide useful information to companies to comply with the Foreign Corrupt Practices Act (FCPA). The 120 page document has for the most part been welcomed by civil society organisations and defense counsels alike because of its comprehensiveness […]

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‘We Have To Fight Corruption, Or It Will Defeat Us’

8 February 2012 in Anti-corruption Conventions, Europe and Central Asia, European Union, Measurement and Research

Transparency International’s Chair, Huguette Labelle, was interviewed by Benjamin Kessler for the Foreign Corrupt Practices Act blog. She talks about what she would change about the FCPA, why companies should make compliance a priority and the possibility that countries which score low on the Corruption Perceptions Index are hit hardest in the European debt crisis. […]

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