DeComplianceMonitor is Partner of ICC Week of Integrity

During the ICC International Week of Integrity initiative dated 4-9 December 2023, DeComplianceMonitor will host a free-of-charge webinar on Wednesday 6 December 2023, noontime – 13.00 pm (CET). Subject: Briefing on Comprehensive Compliance Reviews to demonstrate prevention of financial economic crime and focus on sustainable change.

Registration is open! Please send your request for participation to vanwoerden@decompliancemonitor.nl, mentioning your name, function and organization, email address, and telephone number (optional) so we can send you the details to join this online event. When you prefer an inhouse briefing instead, we can arrange for this too.

 

ICC’s Integrity Book 2021 ‘Integrity & Trust – Pillars of Prosperity’

During the ICC Week of Integrity (1-9 December 2021), the fourth edition of the ICC’s Integrity Book was published: ‘Integrity & Trust – Pillars of Prosperity. A valuable source of inspiration for business management, policy makers, and other professionals that are involved in keeping the business clean and future proof. Michael van Woerden (DeComplianceMonitor) is co-author. In his essay ‘Doing the right thing – how governments can help‘  he calls upon governments to make better use of their purchasing power to stimulate the maintenance of comprehensive corporate compliance programmes by imposing related conditions as part of public procurement. The book can be downloaded free of charge and is highly recommended.

FCPA/Anti-Corruption Developments: 2018 Year in Review

US government enforcement of the Foreign Corrupt Practices Act (FCPA) in 2018 remained robust, and the trend of increasing multi-jurisdictional cooperation and enforcement continued throughout the year. In the United States, the 33 combined individual and corporate FCPA enforcement actions concluded by the US Department of Justice (DOJ) and Securities and Exchange Commission (SEC) in 2018 were largely consistent with the average number of enforcement actions brought over the last seven years. The US $2.91 billion in monetary sanctions levied in corporate FCPA enforcement matters in 2018 reached a record high, although the chart-topping $1.78 billion penalty imposed as part of the Petrobras settlement accounts for more than half of this amount. Outside the United States, a number of countries continue to substantially enhance the legal and regulatory structure for international anti-corruption enforcement, including by passing legislation establishing corporate liability for certain types of bribery offenses and authorizing prosecutors to enter deferred prosecution agreements or other negotiated resolutions with companies accused of bribery. Click here to download the full report.

Source: Steptoe – 28 February 2019.