Monday Compliance News - Around the World

GCSG's Monday Compliance News is a compilation of some of the previous weeks interesting trade compliance, anti-bribery/corruption, fraud, and due diligence news bites, from around the world.

Chief Compliance Officer Fined, Barred from Work  - Corporate Counsel

"Once again, the federal government has held a chief compliance officer personally liable for failing to stop a company's misconduct." (Click here for the article) - USA

Why Me?  What Triggers a US Customs Inspection? - More Than Shipping

"Even today, it remains a mystery - how import shipments are selected to be inspected by U.S. CBP (Customs and Border Protection)..." (Click here for the article) - USA

Industries ranked by open FCPA related investigations - The FCPA Blog

"Here are industries ranked by the number of companies that have disclosed open FCPA-related investigations..." (Click here for the article) - USA, Global

Thirty companies name Brazil in connection with FCPA-related probes - The FCPA Blog

"Of the 104 companies that have disclosed open and active FCPA-related investigations, 30 have mentioned Brazil.  Seventeen have mentioned China.  Poland and India each have three mentions..." (Click here for the article) - Brazil, China, Poland, India

New ISO Anti-Bribery Standard Gaining Traction - Forbes

"Bribery and other forms of corruption continue to plague business and society.  According to the World Bank, some $1.5 trillion is paid globally in bribes each year..." (Click here for the article) - USA, Global

DOJ Sheds Some Light on U.K. Prosecutor Assignment - The Wall Street Journal

"A top U.S. Justice Department official spent part of a speech at an anti-corruption conference in Brazil revealing some of the reasons why the department plans to send a prosecutor on a detail to the U.K." (Click here for the article) - USA, UK, Brazil