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Blog

Charitable Contributions in Kiev
July 16 2009

“Anne Richardson, Director of Member Services at TRACE, was in Kiev earlier this week. She heard repeatedly that companies operating in Ukraine are routinely asked by public officials for targeted corporate charitable donations. This appears to be...

The Generosity of San Fermín
July 13 2009

“The week-long festival of Los Sanfermines in Pamplona begins each morning with the running of the bulls and ends each evening when the toreros fight each of the six bulls in the "Plaza de Toros" bull ring. The Plaza holds 20,000 fans whose...

Mongolia's Corruption Case Study
July 10 2009

“While petty corruption in Ulaanbaatar is fairly common, — and growing to keep pace with the expanding economy – there’s a much bigger drama unfolding there.  A major uranium mine is back in play and the Russians and Chinese both want it.
The...

Moscow Summit:  Recommendations
July 7 2009

“The Russia-US Joint Working Group on Investment and Institutional Integrity presented the following Executive Summary and Recommendations to President Obama in Moscow this afternoon.  President Medvedev did not attend the “joint” session.   A copy...

Moscow Summit
July 6 2009

“In addition to this week's meetings on arms reduction, Presidents Obama and Medvedev are scheduled to hear briefings on several other key issues, including anti-bribery efforts.   A Russia-United States Joint Working Group has developed a set of...

Update on Canada’s Foreign Anti-Bribery Law
July 1 2009

“In honor of Canada Day, I had hoped to post an update on anti-bribery enforcement in Canada, but the entry would have been very brief indeed. So, instead, I turned to James Klotz of Miller Thomson, TRACE’s partner firm in Canada, for an update on...

Facilitating Payments:  The Tipping Myth
June 29 2009

“Facilitating payments are often explained away as a humane response to the low wages of the government officials who expect or demand them. “How,” some businessmen ask, “can these requests be refused when an official making just $20 or $30 a month...

Making Due Diligence Palatable
June 23 2009

“When conducting anti-bribery training for TRACE member companies, the most common question we hear is: how can companies persuade commercial intermediaries to participate in due diligence reviews? This is a concern for all companies, but especially...

Corruption in Russian Higher Education: Careening Out of Control
June 17 2009

“Nadejda Sledneva, a TRACE Due Diligence Manager, was raised in Russia and continues to follow bribery trends there. Nadejda contributed this blog entry on a subject of growing concern to Russian families and employers.
* * *
While...

Cost-Effective Anti-Bribery Compliance Strategies: Training Tip #2
June 15 2009

“Those conducting anti-bribery training often worry that they aren’t speaking to their audiences’ real concerns. They fear that employees will sit politely through two or three hours of training annually, convinced that the person presenting...



    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