We turn to the 2016 year in review, in this Part I of a two-part series :Everything Compliance-Episode 4, Year End Review, Part I – YouTube – https://youtu.be/MFmEUxy9vnA
- Jonathan Armstrong leads a discussion on a very interesting UK Bribery Act enforcement action out of Scotland involving the Braid Group Ltd. It has some very significant implications for Bribery Act enforcement actions going forward. He also discusses the continued evolution of the UK DPA process and who it all works into the burgeoning global anti-corruption enforcement we saw in 2016.
For Cordery’s piece on the Braid case, click here.
For Cordery’s piece on the continued evolution of the UK DPA practice, click here.
- Jay Rosen takes us through a Paul Krugman NYT post on some of the invidiousness of corruption, focusing on the corrupting nature of compliance around undue influence. Rosen explains incentives more than anything else and how such incentives skew the marketplace. He asks a couple of provocative questions. First are there too many FCPA, ethics and compliance conferences? Second, even with the robust FCPA enforcement and maturation of compliance programs, why does corruption still exist? For a link Krugman post, click here.