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Thursday, May 14, 2015

Corruption

Combating Corporate Corruption

FIGURE 1: Perceived high-risk geographiesAnticorruption enforcement remained active in 2014, with a sharp rise in enforcement actions taken by both the US Department of Justice and the US Securities and Exchange Commission against corporate defendants. It included two of the largest settlements ever recorded under the Foreign Corrupt Practices Act (FCPA). Together the two agencies imposed fines totaling $1.56 billion in 2014—more than twice the amount collected in 2013.  

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