It was the talk of the legal world: Siemens' agreement to a $1.6 billion settlement with the US and German authorities. Investigate what went wrong and what lessons can be gleaned.
The respondents overwhelmingly question the integrity of their leaders and perhaps with good cause. The survey reveals that many employees would accept fraud and corruption in the work place in order to survive the current economic storm and indeed senior management are even more likely than rank and file to condone activities such as cash bribes and financial statement fraud.
Discusses how to maintain a company's financial integrity in a time of crisis by developing a strong FCPA compliance system, and analyzes the case of Monsanto Company that demonstrates how a company can use its financial predicament to ultimately build a best practices compliance program centered around meeting, and at times even exceeding, their legal obligations.
Discusses the spider web of regulations that vary across borders, subjecting multinational companies to conflicting standards and possible multiple prosecutions for the same acts.
This article discusses the rules of cartels, antitrust enforcement, leniency programs, and how to assess whether you are in a high-risk industry. Learn how to manage an internal cartel investigation and limit your exposure in case antitrust authorities accuse your company of participating in a cartel.
Provides a roadmap for U.S. companies engaged in doing business abroad and dealing with foreign agents, partners, and governments on a commercial and financial basis and provides specific recommendations for building an effective global risk management and integrity program that will protect companies as they navigate global markets.