661 captures
11 Jan 2006 - 12 May 2021
About this capture
 
The higher purpose of FCPA compliance
Posted on January 25th, 2011 at 4:36 pm by Aleksandr Shkolnikov
Themes: corruption, FCPA, integrity, Mendelsohn, TI-USA, transparency
Regions: Global | No Comments »
Compliance officers and corporate anti-corruption lawyers can become quite versed in anti-corruption tools, laws, regulations, and resources. They can talk for hours about setting up hotlines for employees half way across the world, developing proper training programs on how to resist bribes, conducting due diligence, or defining what constitutes a foreign official under Foreign Corrupt Practices Act (FCPA).
Yet, in the midst of all these technical details and hundreds of pages of documents and forms, I often find that they are missing the bigger picture – why what they do actually matters. Why it matters not just for their companies and not just for complying with the law, but for the millions and millions of victims of corruption.
I was reminded of this late last year at Transparency International-USA Integrity Awards dinner. There, Mark Mendelsohn, one of the chief architects of increased FCPA enforcement in recent years, spoke of the need for the corporate anti-corruption professionals to keep in mind the real costs of corruption and why what they do actually matters, even thought most of the time they are “not confronted directly” by the tragedies of corruption. Check out his remarks, something you don’t often hear often from FCPA compliance specialists: Read the rest of this entry »
72 views
(2 votes)


Receive blog posts by email:

Delivered by FeedBurner
Latest from @CIPEglobal
Recent posts
Pakistan’s nosy government
January 25th, 2011 by Hammad Siddiqui
The private sector remains the driving force in any free market economy. Economies that are free from government intervention in the private sector decision-making are considered favorable places for making further investments by domestic and international investors. Pakistan’s privatization program helped reduce burden on its exchequer and resulted in...
143 views
The deadly side of corruption
January 24th, 2011 by Ryan Foster
Quick – what’s the name of the architect who designed your house? How competent were your doctor’s professors in medical school? How trustworthy was the quality control inspector at the plant that manufactured that jar of mayonnaise you picked off the shelf? Unless you have an unfathomable amount of...
235 views
The darker side of Turkish success
January 21st, 2011 by Babak Yektafar
Thirty minutes after landing in Diyarbakir, Turkey, my contact Ebru Okmen asked about my immediate impression of the city. Being my first time in Diyarbakir, I thought: well, this is certainly not the Turkey that the West is hearing about through the megaphones of Istanbul and Ankara. I told...
198 views« Older entries
Popular posts
Building Institutions for Democracy
Quality democracies ensure that citizens have a way to participate in governance between elections. In the...
2011 Global Editorial Cartoon Competition
Can you capture the complex ideas of democracy, corruption, and gender equality in one simple, universal...
The darker side of Turkish success
Thirty minutes after landing in Diyarbakir, Turkey, my contact Ebru Okmen asked about my immediate...
A tale of two riots
The riots that gripped Algeria’s capital last week and spontaneously spread to most major cities...More articles on this topic
Corruption
The higher purpose of FCPA compliance
January 25th, 2011 by Aleksandr Shkolnikov
Compliance officers and corporate anti-corruption lawyers can become quite versed in anti-corruption tools, laws, regulations, and resources. They can talk for hours about setting...
72 views
Pakistan’s nosy government
January 25th, 2011 by Hammad Siddiqui
The private sector remains the driving force in any free market economy. Economies that are free from government intervention in the private sector decision-making...
143 views
The deadly side of corruption
January 24th, 2011 by Ryan Foster
Quick – what’s the name of the architect who designed your house? How competent were your doctor’s professors in medical school? How trustworthy was...
235 viewsMore articles on this topic
Women
Changing societies, one woman entrepreneur at a time
January 20th, 2011 by Aleksandr Shkolnikov
How do you think women survived under the Taliban? How do you think Taliban would react to a woman entrepreneur? Despite what you may...
379 views
What does wealth mean for MENA women?
January 7th, 2011 by Dorothy Smith
New figures suggest that 22 percent of the Middle East’s assets under management (AUM)—or $700 billion—were held by women in 2010. And that figure...
255 views
Year in review: Women and development
December 31st, 2010 by Sarah Gerrity
Over the past few decades, women’s empowerment has grown dramatically as a focus for economic and democratic development.  The importance of women’s participation in...
267 viewsMore articles on this topic
Entrepreneurship
Promoting entrepreneurship through institutional reform
January 11th, 2011 by Anna Nadgrodkiewicz
Millions of young people around the world enter the workforce with high hopes for a successful career yet they cannot find jobs. Although for...
197 views
Michael Vick and entrepreneurship
January 3rd, 2011 by Jonathan Apikian
The Michael Vick story is not just about football. From sporting a jumpsuit as inmate number 33765-183 in Leavenworth Penitentiary, to being hailed as...
457 views
Year in review: Women and development
December 31st, 2010 by Sarah Gerrity
Over the past few decades, women’s empowerment has grown dramatically as a focus for economic and democratic development.  The importance of women’s participation in...
267 viewsMore articles on this topic
Corporate citizenship
January 19th, 2011 by Oscar Abello
The private equity firms that provided inspiration for the cutthroat fictional investor Gordon Gekko from the film Wall Street have since grown a heart....
196 views
December 1st, 2010 by Lauren Citrome
With all the buzz on corporate social responsibility, or corporate citizenship, it’s easy to lose track of the real world examples of companies engaging...
329 viewsMore articles on this topic
Democratic governance
December 30th, 2010 by Erica Poff
2010 was undoubtedly a landmark year for Africa, as 17 countries in the sub-Saharan region celebrated 50 years of independence. It has been an...
243 views
December 29th, 2010 by Sarah Gerrity
A delegation of West African leaders confronted incumbent Côte d’Ivoire president Laurent Gbabgo yesterday, threatening military removal if he does not step down from...
327 viewsMore articles on this topic
2011 © CIPE Development Blog is proudly powered by WordPress
Log in | Entries (RSS) Comments (RSS) | Theme based on Violinesth by Patrick
HomeAboutAuthorsLinks