On February 3, 2014, the European Commission published its first-ever report on the state of anti-corruption programs across the European Union. Summaries of the national chapters can be found here along with FAQs, and a new webpage linking to related documents. The Report covers all types of corruption, including political corruption, bribery of public Read more >>
ADM Settles FCPA and Economic Sanctions Charges
Summary: On December 20, 2013, NYSE-listed, ADM, one of the world’s biggest agricultural traders and processors, agreed to pay a total of US$54.3 million to the U.S. Securities and Exchange Commission (SEC) and the U.S. Department of Justice (DOJ) to resolve civil and criminal charges that subsidiaries bribed government Read more >>
On Thursday, 24 October, the SEC said that medical device and equipment maker Stryker Corporation will pay $13.2 million to resolve FCPA violations. As described in the published settlement, U.S.-headquartered Stryker bribed doctors and administrators at government-controlled hospitals in Argentina, Greece, Mexico, Poland, and Romania. The bribes totaled about $2 million and were ‘incorrectly Read more >>
For a summary of anti-bribery efforts in Israel, see my June 2012 two part-post in the Trace blog - Part 1: Israel’s History with the OECD; and Part 2: Perception and Enforcement Trends.
Gallery
Gallery
Gallery
Gallery