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Compendium Roundup: March 2017
March 31 2017

“Dutch bank ING Groep N.V. disclosed investigations by Dutch and U.S. authorities regarding corruption and money laundering related to VimpelCom. Nigeria filed charges against Royal Dutch Shell Plc and Eni SpA, alleging that the companies made...

Is Meat Becoming a High Risk Industry in Latin America?
March 28 2017

“On the heels of last month’s expansion of the Odebrecht investigation to the wider community of Latin American nations, Brazil has been moving ahead to solidify its status as one of the world’s most active investigators of corruption....

Anti-Bribery Compliance: Good for business and good for society
March 21 2017

“What would make you happier? More money? Better healthcare? A reduction in corruption? The latter is not the answer that would spring to most people’s minds, but data suggests that a country with high levels of bribery risk may have lower...

Training to Recognize Trafficking
March 14 2017

“An Uber driver in Sacramento picked up two women and a 16-year-old girl and brought them to a Holiday Inn. During the ride, the women discussed how the girl would be seeing “John” and the women would get money from him. After dropping...

The 2016 GER: Keeping the “Global” in “Global Enforcement Report”
March 8 2017

“In 1977, the U.S. Congress jump started the modern-day anti-corruption movement with its passage of the Foreign Corrupt Practices Act. Since then—and at a growing pace—other countries have joined that movement by passing their own...

Notable increase in bribery enforcement worldwide according to TRACE’s 2016 Global Enforcement Report
March 2 2017

“TRACE’s annual Global Enforcement Report (GER) provides graphic and textual analyses of all known enforcement events (including investigations as well as enforcement actions*) since the first bribery cases were prosecuted in the United States...

Compendium Roundup: February 2017
March 1 2017

“This month, the UK Serious Fraud Office announced its investigation into ABB Ltd for suspected bribery and corruption related to Unaoil S.A.M. The Canadian corruption case against SNC-Lavalin Group Inc. ended this month after the prosecution...

Profiles in Kleptocracy – Hugo Chávez
February 28 2017

“He came to power as a populist, on promises to work for the people who catapulted him into the presidency. And he did—creating programs to feed and pension the poor. But he also swept aside established norms, ignored aspects of the...

February 2017 Quiz: Are You Up-to-Date on This Month’s Anti-Corruption News?
February 28 2017

“How closely have you been following the latest developments in the world of anti-bribery compliance? Are you up-to-date on the latest news? Take our quiz below to find out!

Anti-corruption Protest in Romania
February 21 2017

“Compliance Champion Spotlight
What is a Compliance Champion? A Compliance Champion is an individual or organization committed to fostering and raising the standards of anti-bribery compliance. TRACE Trends will include posts featuring...



    Good morning, ladies and gentlemen. I am delighted to start the second panel this morning of the Council on Foreign Relations workshop on the intersection of corruption and U.S. national interests. Today I will be leading the second panel, which is going to deal...
    Recent News Feed 4/6/2017 Read More
    Last week, TRACE held its 13th Forum at the St. Regis Hotel in Washington, D.C. Over 100 member companies contributed to a lively and extended exchange of best practices across the two-day event.
    Interestingly, for the first time, men and women were represented in...
    Recent News Feed 4/4/2017 Read More
    After years of struggling with excess capacity and tight profit margins, the breakbulk industry facesa tough competitive climate. In these circumstances, one needs to be careful about any temptation to cut corners. Given the industry’s global characterand high degree...
    Recent News Feed 4/3/2017 Read More
    US government officials have said that when assessing company culture as part of an FCPA investigation, they are looking for much more than just “tone at the top.”
    To read the full article, click here.
    Recent News Feed 3/30/2017 Read More
    A current trend in compliance training is gamification, or adding gaming elements to training modules, to encourage learning and engagement. You don’t have to overhaul your entire training program in order to participate in this trend. Below are three ways to...
    Recent News Feed 3/29/2017 Read More
    On March 7 and 8, General Dynamics, joined by TRACE International and the Romanian Chamber of Commerce and Industry, found 150 participants eager to hear about business ethics in Romania, which has been swept by anti-corruption protests in recent months.
    To read the...
    Recent News Feed 3/28/2017 Read More
    A nova “lista do Janot”, derivada das delações premiadas dos executivos da Odebrecht, além de deixar os políticos com as barbas de molho, também deve reforçar uma recente distinção adquirida pelo Brasil: a...
    Recent News Feed 3/23/2017 Read More
    Foreign companies should always maintain close contacts with their local embassies should they need assistance in avoiding extortionate demands. Trade commissions, chambers of commerce and local business councils also may offer support in this domain.
    To read the full...
    Recent News Feed 3/23/2017 Read More
    It is a formula as old as business itself – the bribe, the backhander that greases the wheels of commerce. Rolls-Royce has recently learned to its great cost, however, that nowadays it is also a ticket to massive fines and reputational damage.
    As Brexit...
    Recent News Feed 3/21/2017 Read More
    Corruption-based allegations can be crippling for any company. Compliance in this area of the law is of particular importance to companies who regularly use international consultants and sales representatives, commonly referred to as “intermediaries,” to develop...
    Recent News Feed 3/15/2017 Read More
    These dinner dates aren’t like handing over briefcases filled with money. But it’s an issue, Wrage says, that keeps executives up at night worrying about the consequences of possible wrongdoing.
    How times have changed since November 2001, when Wrage founded...
    Recent News Feed 3/15/2017 Read More
    Anti-bribery enforcement actions increased dramatically on a global scale over the past year, with the extractive industry facing the brunt of that activity.
    Those are just a couple of findings from the 2016 Global Enforcement Report (GER) conducted by anti-bribery...
    Recent News Feed 3/14/2017 Read More
    Heydar Aliyev Prospekti, a broad avenue in Baku, the capital of Azerbaijan, connects the airport to the city. The road is meant to highlight Baku’s recent modernization, and it is lined with sleek new buildings. The Heydar Aliyev Center, an undulating wave of concrete...
    Recent News Feed 3/13/2017 Read More
    The Foreign Corrupt Practices Act is the jewel in the crown of America’s fight against international business bribes and corporate favors. Intended to promote American business and foreign-policy ideals around the world, and give US companies a tool to battle...
    Recent News Feed 3/13/2017 Read More
    Frauen spielen an der Spitze von Sportorganisationen allenfalls eine kleine Rolle. Dabei würde ihre Präsenz den Verbänden mehr als gut tun, sagt Alexandra Wrage von Trace International. Allerdings aus anderen Gründen als man denkt.
    To read the full...
    Recent News Feed 3/7/2017 Read More
    TRACE International has published its latest review of global anti-corruption enforcement, touting a dramatic increase in enforcement last year, led by U.S. authorities.
    Enforcement activity essentially doubled last year, according to the organization’s annual...
    Recent News Feed 3/3/2017 Read More
    Known as an attractive manufacturing hub for labour-intensive and less capital-intensive industries, Vietnam provides trade and investment opportunities for Canadian companies in several sectors including aerospace, agriculture and agri-food, construction and...
    Recent News Feed 3/2/2017 Read More
    Donald Trump has reiterated his promise to reform banking regulation in a meeting with 50 business leaders in Washington this week.Trump told a room of top execs that he still plans to go ahead with overhauling Dodd-Frank – the act brought into existence during the...
    Recent News Feed 3/2/2017 Read More
    Global enforcement actions from bribery charges increased dramatically last year, according to a report released today by TRACE International, an anti-bribery organization.
    To read the full article, click here.
    Recent News Feed 3/2/2017 Read More
    The U.K.’s Serious Fraud Office is reluctant to provide information to investigators in […]
    To read the full article, click here.
    Recent News Feed 3/2/2017 Read More
    A new report by TRACE International finds that enforcement actions against bribing government officials are rising globally. In its 2016 Global Enforcement Report, the anti-bribery organization observes a doubling in US enforcements last year and non-US actions doubled...
    Recent News Feed 3/2/2017 Read More
    TRACE’s annualGlobal Enforcement Report(GER) provides graphic and textual analyses of all known enforcement events (including investigations as well as enforcement actions*) since the first bribery cases were prosecuted in the United States following the enactment of...
    Recent News Feed 3/2/2017 Read More
    There was a sharp rise in both US and non-US foreign bribery enforcement actions in 2016, according to a newly released report by Trace International.
    To read the full article, click here.
    Recent News Feed 3/2/2017 Read More