Latest Bribery Stories

2014-06-19 12:21:11

ANNAPOLIS, Md., June 19, 2014 /PRNewswire/ -- TRACE International, the global anti-bribery association that works with multinational companies to enhance transparency and compliance in business, continues to expand its worldwide presence with new partnerships announced in Ghana, Turkey and Hungary. "TRACE is making significant strides toward achieving a global standard for third party due diligence and anti-bribery compliance," said Alexandra Wrage, President of TRACE. "An increasing number...

2014-03-27 12:29:44

Medical Device Manufacturer Covidien Earns Honorable Mention WASHINGTON, March 27, 2014 /PRNewswire/ -- TRACE International today announced that Texas-based technology giant Dell has been named the winner of the first TRACE Innovation in Anti-Bribery Compliance Award for its outstanding third party due diligence and monitoring program. The honor recognizes creative, far-reaching efforts by multi-national companies to develop anti-bribery practices that enhance transparency in...

2014-03-25 12:21:34

ANNAPOLIS, Md., March 25, 2014 /PRNewswire/ -- TRACE International today announced findings of its fourth annual Global Enforcement Report (GER), noting that in 2013 the United States continued to lead the world in foreign bribery enforcement actions, but that other countries -- China, in particular -- gained ground in combating domestic bribery. Domestic bribery enforcement actions refer to enforcement actions by government agencies for bribes paid within the country that is...

2014-02-04 12:20:50

First-of-Its-Kind Shipping Industry Partnership to Promote Transparency Through TRACEcertification ANNAPOLIS, Md. and DUBAI, United Arab Emirates, Feb. 4, 2014 /PRNewswire/ -- TRACE International and DA-Desk FZ-LLC today announced a partnership to create greater transparency in the shipping industry. The first-of-its-kind shipping industry partnership pairs TRACE, the worldwide leader in setting the standard for global compliance due diligence, with DA-Desk, the largest independent...

2014-01-21 12:20:18

New Southeast Asia office to meet ever-growing demand for anti-bribery and third party compliance solutions MANILA, Philippines, Jan. 21, 2014 /PRNewswire/ -- TRACE, the leading global provider of anti-bribery and third party compliance solutions, today announced the opening of its new Southeast Asia office in Manila to meet the increasing demand for locally delivered anti-bribery compliance services from TRACE members and clients with operations in Asia. This new office comes less...

2013-08-01 23:02:02

http://www.merrillbrink.com -- Partnering with a qualified language services provider (LSP) can help an international organization localize and translate compliance programs that will be disseminated to its workforce. New York, US (PRWEB) August 01, 2013 On July 1, 2010 the U.K. Bribery Act 2010 was enacted. This legislation holds companies liable for violations in the following areas:     Extending an offer or promise of a bribe and/or fulfilling the bribe...

Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.