Welcome to GRIP, Global Relay’s new digital information service on practical compliance and regulatory change.
Please enjoy this free trial of our subscription content service, for a limited time only.
-
What can be learned from the SFO and ENRC saga
The UK SFO’s bungled investigation into Kazakh mining operation ENRC offers lessons for financial compliance professionals.
-
GRIP Extra 2/24
This week strikes end on the US East Coast; EU tariffs on Chinese EVs; SEC charges in pre-IPO scheme; another sentence connected to Brazil’s Odebrecht and a Singapore graft investigation resulting in charges against tycoon.
-
SEC hits John Deere with FCPA charges for subsidiary’s role in Thailand
The business revamped its anti-bribery internal controls and policies, and began offering a bimonthly compliance newsletter and compliance-centered podcast.
-
RTX sets aside $1.24 billion to resolve probes involving bribery, export controls
US weapons maker required to retain independent compliance monitors over the three-year term of the agreements.
-
Not guilty plea from former Goldman banker extradited to US to face bribery charges
Case centers on alleged bribery of officials in Ghana to secure a lucrative power-plant contract for a client.
-
The UK’s Serious Fraud Office can’t be seen as both prosecutor and regulator
Corporate plea deals can be useful as bridge between negligence and criminal behavior, but they should not form part of the SFO’s main arsenal.
-
Gunvor settles with DOJ over FCPA violations in deals with Ecuador oil officials
Compliance program fixes include addressing use of off-channel comms.
-
Controversies in the fight against corruption in Brazil
Controversial decisions from the Brazilian Supreme Court continue to undermine the fight against corruption.