Europe must enforce oil transparency (Financial Times) |
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The oil and gas industry can bring great wealth to the countries in which it operates. But the revenues it brings are vulnerable to corruption. |
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How Siemens cracked down on corruption & what India Inc can learn from it |
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Is there anything the Tata Group, with a reputation for ethical conduct of business, can learn from Siemens AG, the 73 billion giant that till recently sanctioned bribery and corruption as business culture? |
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They sell sea shells (the Economist) |
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Shell companies can be misused—for tax evasion, money laundering, sanctions-busting or terrorism. A World Bank report last year, “The Puppet Masters”, investigated 817 big cases of corruption between 1980 and 2010.... |
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Move towards prosecution deals confirmed (Financial Times) |
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US-style deferred prosecution agreements (DPA) carrying large fines for companies that admit wrongdoing will probably be introduced by the end of the year, the UK solicitor-general said. |
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The Profitability of Not Being Corrupt (Fox News Latino) |
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From a strictly rational point of view, a person decides to get involved in corruption for personal advantage, usually financial profit. The less likely it is that the corrupt act will be discovered and sanctioned --... |
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Global drug industry tightens anti-corruption code (Trust Law) |
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The global pharmaceutical industry is tightening its code of practice in a bid to stamp out bribery and corruption, particularly in emerging markets. |
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People in EU see corruption as worsening – poll (The Sofia Echo) |
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People in the European Union think that levels of corruption have risen in the past three years, according to a Eurobarometer survey released on February 15 2012. |
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Corruption and investment: the link (Financial Times) |
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As a country shakes off a reputation for corruption, its economy tends to grow and its capital markets tend to rise... |
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Russia Bans Paying Bribes Abroad (Ria Novosti) |
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Russia has criminalized paying bribes abroad, a problem than anti-corruption analysts said gave Russian business an unfair global competitive advantage... |
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Russia needs more technology and less corruption (Financial Times) |
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Guest post by Vladimir Putin. |
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Corporate Transparency: Old Problems and New Ideas (TI) |
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People lose confidence in financial markets and their participants for many reasons, including the lack of transparency in reporting, the persistence of unmanaged conflicts of interest and the revolving door between... |
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Is It Possible To Be Compliant and Competitive? (The Atlantic) |
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There is no doubt that developing markets present enormous growth potential. But with these opportunities comes challenges of operating in emerging markets where corruption, illicit trade and organized crime are... |
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Anti-Bribery and Corruption eLearning - Free of Charge |
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The Swedish Ministry of Foreign Affairs and Global Advice Network have produced an anti-bribery and corruption eLearning course free of charge for the Portal.Read more |
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Why eliminating corruption is crucial to sustainability (The Guardian) |
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Bribery and corruption present significant risks to business and tackling them increases an organisation's resilience to shocks... |
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Illicit activities costing developing world billions, claims report (The Guardian) |
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Crime, corruption and tax evasion may have cost developing and emerging economies as much as $903bn in 2009, according to a new report by the Washington-based campaign group Global Financial Integrity (GFI) published on... |
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