Corruption

Fight corruption and stay compliant with new global standard ISO 37001

Globalization poses greater challenges for Anti-Bribery and Corruption compliance than ever before. Now any organization, regardless of size, sector or jurisdiction can certify its anti-bribery management system to an internationally recognized standard and join the effort to combat corruption.
10

The anti-corruption journey of the DOJ and SEC

This article focuses on recent Foreign Corrupt Practices Act (FCPA) trends and addresses the impact of the new DOJ pilot and the FCPA enforcements. It also highlights other relevant developments in the anti-bribery and corruption space.
31

The new ISO standard on anti-bribery management systems

The wait is finally over. On 15 October 2016, the International Organization for Standardization published the much-awaited ISO 37001 standard on anti-bribery management systems. The world of anti-corruption experts is abuzz with predictions on the importance and likely impact of the new standard.
40

White-collar crime: the typical fraudster

Fraud is a global scourge that harms corporate reputations, costs millions and ruins lives. Criminal activities of this nature are taking their toll on numerous companies in Switzerland, too. Yet what does a typical fraudster look like? KPMG took a closer look at this question within the scope of an international study ‘Profile of a Fraudster’.
6

FCPA Enforcement 2.0: A carrot and stick approach

After an impressive (monetary wise) 2014 Foreign Corrupt Practices Act enforcement year, we have seen a rather slow 2015. Last year, 11 companies paid around USD 133 million, while the year before ten companies paid a striking USD 1.6 billion to resolve FCPA cases. So what is in for 2016?
43

Bribery and corruption hit companies hard

KPMG`s latest global ABC 2015 report (Anti-Bribery and Corruption) reveals companies find complying with anti-corruption regulation more challenging than ever. Swiss companies state that the variety of risks and impacts reached the next level.
39