Latest Political corruption Stories
Comprehensive and Focused Expertise to Help Companies Proactively Develop and Implement U.S. Foreign Corrupt Practices Act (FCPA) and U.K. Bribery Act Programs Skokie, IL (PRWEB) September 21, 2011 Accuity, the leading provider of payment routing data, AML data and screening software and services, is pleased to announce its Professional Services Group (PSG) provides the industry’s most comprehensive and focused expertise to help companies proactively develop and implement...
New research has found public sector workers are typically more pro-socially motivated than their private sector counterparts. The University of Bristol study, published today [21 Sep], examined motivational indicators in workers from both sectors across 51 countries. But there are some nations where the reverse is true and the Economic and Social Research Council (ESRC)-funded study, led by academics in the University's Centre for Market and Public Organisation, explored whether...
NEW YORK, Sept. 19, 2011 /PRNewswire/ -- Companies with less than $1 billion in annual revenues lag behind companies with higher revenues in their anti-corruption programs, according to a new Deloitte survey. "Accountability for businesses and their leaders is rising again around preventing and detecting corruption," says Toby J. F. Bishop, director of the Deloitte Forensic Center, Deloitte Financial Advisory Services LLP. "Larger companies have taken the brunt of the enforcement...
Google Inc. increased its lobbying expenses by 54 percent during the second quarter, surpassing $2 million for the first time, as the Internet search giant faces a probe by the Federal Trade Commission over its business practices.The company spent $2.06 million lobbing members of Congress and federal government regulators during the April-June period, compared with $1.48 million in the first quarter and $1.34 million during the same period last year, the Associated Press reported, citing...
SANTA MONICA, Calif., July 21, 2011 /PRNewswire-USNewswire/ -- Google and Facebook pumped record amounts into their lobbying efforts during the second quarter, according to just filed disclosure reports. Google's spending soared to $2.06 million, a 54 percent increase from the same period a year ago. Facebook spent $320,000 -- nearly as much as its total lobbying expenses for all of last year. In addition to the money spent on formal lobbying disclosed in Google's report, much of Executive...
KYIV, Ukraine, June 10, 2011 /PRNewswire/ -- In the framework of fighting corruption, Ukraine has been taking a series of measures to prevent the spread of corrupt practices in the country. Occupying 134th position in the corruption rating of Transparency International, Ukraine now puts a lot of efforts to improve its international standing. The latest development was the Law of Ukraine On the Foundations of Prevention and Combating Corruption along with a number of other accompanying...
Total spending climbed by over $850,000 Private sector spending on lobbying still goes unreported CHICAGO, June 9, 2011 /PRNewswire-USNewswire/ -- Local governments, transit agencies and other public bodies spent nearly $7.5 million in the last fiscal year on contracts with lobbyists hired to monitor and influence state officials, according to an annual survey conducted by the Illinois Campaign for Political Reform (ICPR). ICPR utilized the Freedom of Information Act (FOIA) to gather...
Volume of electronic media makes case analysis more complex WASHINGTON, June 8, 2011 /PRNewswire-USNewswire/ -- Control Risks, one of the world's leading business risk consultancies, warns that stronger anti-corruption enforcement and the associated potential rise in regulatory investigations will require organizations to build more advanced information gathering and analysis processes for rapid and cost effective defence strategies. Organizations today produce and retain vast quantities of...
MIAMI, June 8, 2011 /PRNewswire/ -- Miami headquartered WorldCompliance reaches milestone in the fight against corruption, by announcing that its PEP database today surpassed 1,000,000 detailed profiles of Politically Exposed Persons, their family members and close associates. In the wake of the Arab Spring, financial institutions around the globe found themselves at the frontline of determining who is a Politically Exposed Person ("PEP"), and what transactions may involve risk. The U.S....
NEW YORK, June 1, 2011 /PRNewswire/ -- When one thinks about how Washington, D.C. works, certain groups are always seen as being too powerful and wielding too much influence among the decision-making authorities. Almost nine in ten Americans say that big companies (88%) and political action committees or PACs (87%) have too much power and influence in Washington D.C. More than four in five U.S. adults believe that banks and financial institutions (85%) and political lobbyists (84%) carry...
