Last year, 11 companies paid just over $1.92 billion to resolve US Foreign Corrupt Practices Act (FCPA) enforcement actions. We take a closer look at the biggest fines and draw out six lessons on how companies should respond to bribery and corruption risks.
A few days into MiFID II and the financial services industry in Europe—and by extension, the rest of the world—has started dealing with a daily storm of activity related to reforms that are as all-pervasive and in many ways as indistinct as climate change. How can access to timely news, legal information and business and market data help companies manage MiFID II compliance risk?
The Organisation for Economic Cooperation and Development’s (OECD) Anti-Bribery Convention was signed on 17 December 1997. It required its member countries to create legislation to make bribing a foreign public official illegal. In this blog, the Head of the OECD’s Anti-Corruption Division gives LexisNexis an exclusive assessment of the Convention’s first 20 years.
11 December 2017 - Posted by in Media Monitoring
Social media has changed the world of marketing forever. PR teams have the ability to connect with consumers in cyberspace like they never have before. What can PR pro's learn from this?
As the year draws to a close, supermarket shelves are once again groaning with the weight of chocolates that will be sold and gifted in vast quantities globally. With December 9 being Anti-Corruption Day, however, now is the perfect time to ask, “Are the goodies we add to our shopping carts hiding a sinister side in their supply chains?”
Our series on PESTLE risk monitoring concludes with an exploration of the “E” risk—Environmental—and the diverse ways in which it impacts organisations.
In October, Twitter announced its decision to test a new 280-character limit on tweets and officially started rolling out the new extended word cap during the first week of November. This change will impact all Twitter users to some capacity, but it may have a larger influence in the marketing space for PR professionals.
Being prepared is something that translates to success in business. The more informed and prepared you are, the more informed your decisions will be, resulting in greater success and satisfaction. Check out these three steps to research success.
Making sound business decisions requires a good deal of research and information gathering. Without knowing the history of a company or the market trends of the industry, your company can be exposed to risks that can affect its reputation and liability, and potentially vulnerable to financial losses.
It seems as though the Bribery Act is finally about to take centre stage. On the 5th December, the UK Serious Fraud Office (SFO) secured convictions against two individuals under the Bribery Act 2010; the first convictions under the legislation since in came into force in July 2011.