New Law in Mexico Requires the President (Among Others) to Make His Tax Returns Public
February 14 2017

“Anti-bribery compliance in Mexico is undergoing a change: anew Anticorruption Law will go into effect in July 2017 requiring, among other things, that the country’s President publically disclose his tax returns.
TRACE recently hosted...

Corporate Responsibility in the Absence of the SEC’s Resource Extraction Disclosure Rules
February 7 2017

“Last Friday, President Trump signed an executive order mandating a broad review of financial regulations in light of seven “core principles,” thereby laying the groundwork for an anticipated rollback of at least some portion of...

Compendium Roundup: January 2017
February 1 2017

“This month, a number of enforcement actions were announced, with General Cable Corporation, Mondelēz International, Inc., Zimmer Biomet Holdings, Inc. and Orthofix International N.V. all settling allegations byU.S. Department of Justice...

Profiles in Kleptocracy – The Obiang Family
January 31 2017

“Inside a Paris mansion worth almost US $180 million, you could find a hair salon, two gyms, a cinema and a Turkish bath. The bathrooms had gold- and jewel-encrusted taps. The furniture in the mansion was worth at least US $50 million, and the art...

January 2017 Quiz: Are You Up-to-Date on This Month’s Anti-Corruption News?
January 30 2017

“There were many developments this month in the world of anti-bribery compliance. Are you up-to-date on the latest news? Take our quiz below to find out. Better yet, share with your compliance teammates and see how your compliance chops stack up!...

Protection of Whistleblowers in Rwanda
January 24 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...

Turning over a new leaf or getting lost in the weeds? News from the English country garden
January 17 2017

“As the New Year ushers in its perennial resolutions and new leaves are turned over left and right, the close of 2016 saw the UK’s Serious Fraud Office confirm that its investigation into Soma Oil & Gas Holdings Ltd had not borne fruit. In...

Government Officials in Israel
January 10 2017

“Chaim Gelfand is a Partner at Shibolet and Co. and head of its Anticorruption Compliance Practice— one of the first dedicated anticorruption compliance practices in any of Israel's first tier law firms. Chaim has been dealing with...

Indonesia: An Increasing Focus on Corruption Involving Private Companies
January 3 2017

“Today’s guest blog post is written by Richard Cornwallis and Ryan Budihardjo at Makarim & Taira S. (M&T), TRACE’s Partner Firm in Indonesia. M&T is one of Indonesia’s leading business law firms offering a full range of...

Anthropological Reflections: When Does a Gift Become a Bribe?
December 27 2016

“For many people, the holidays—a time of tradition and generosity—also represent a short respite from their day-to-day work and business obligations. That makes it an appropriate season to step back and think about the relation between...