Value Chain & Third Party

Increasingly, companies are realizing that operating an ethical business extends beyond how their own employees behave—they’re also responsible for choosing ethical partners and suppliers, and monitoring those links. These challenges are particularly acute for multinationals operating around the world. Our contributors weigh in on how you can evaluate your third party relationships and build capacity in your value chain.

Ethics Building Long-Term Value: Andrea Illy on Ethics, Sustainability, and Performance

By |2019-12-03T19:26:52+00:00March 14th, 2018|***Ethisphere Magazine, Compliance & Ethics, Value Chain & Third Party, World's Most Ethical Companies Insights|

After rounds of blind tastings at the United Nations by an international independent jury of top culinary and coffee experts, illycaffè, the global leader in high-quality coffee and a pioneer of large-scale, directly-traded coffee, announced that coffee beans grown by Honduras’s José Abelardo Díaz Enamorado were designated “Best of the Best” in the 2017 ...

WilmerHale’s Global Anti-Bribery Year-in-Review: Predictions for 2018

By |2018-01-29T18:23:51+00:00January 29th, 2018|Value Chain & Third Party|

Editor's Note: This post originally appeared on WilmerHale.com.  This past year marked the 40th anniversary of the U.S. Foreign Corrupt Practices Act (“FCPA”). Since its enactment in 1977, the U.S. Department of Justice (the “DOJ”) has brought approximately 300 FCPA enforcement actions, while the U.S. Securities and Exchange Commission (the “SEC”) has brought approximately 200 ...

Are Opioid Pharm Manufacturers Ready for the Enforcement Spotlight?

By |2017-08-29T15:48:54+00:00August 29th, 2017|Value Chain & Third Party|

Reproduced with permission from Paul Hastings. Authors: Gary Giampetruzzi is Global Vice-Chair of the Investigations and White Collar Defense and Life Sciences Departments and a partner in the Litigation Department of Paul Hastings in New York. Jane H. Yoon is of counsel in the Litigation practice of Paul Hastings in New York. Sandra Gonzalez is ...

Asia Ethics Summit to Address AML Compliance in Singapore

By |2017-01-15T20:43:02+00:00August 9th, 2016|Value Chain & Third Party|

The Monetary Authority of Singapore (MAS) recently launched two new departments to help the country identify and address lapses in anti-money laundering controls. According to news reports, one area of the new division will assume policy and supervision responsibilities at MAS while the other will focus on enforcement actions such as regulatory breaches, banking compliance, ...

STMicroelectronics: Investigating with Integrity

By |2019-12-18T21:35:00+00:00August 1st, 2016|Value Chain & Third Party|

Maximilien Roche, STMicroelectronics. As professionals tasked with examining and reporting on the activities of others, investigators are expected to operate with a high level of integrity. As a matter of fact, “integrity” is a key word commonly found in the “requirements” section of investigation professionals’ job descriptions. But what does it mean ...

A New Standard: A Preview of ISO 37001 Anti-Bribery Management Systems

By |2019-12-31T00:06:01+00:00July 6th, 2016|Value Chain & Third Party|

Leslie A. Benton is the Vice President of Advocacy and Stakeholder Engagement of the Center for Responsible Enterprise And Trade (CREATe.org). Worth D. MacMurray is the former Senior Vice President - General Counsel & Chief Compliance Officer of GAN Integrity Inc. in McLean, Virginia. More about the authors below.   Leslie A. Benton. A noteworthy ...

Control Risks: Corruption in Latin America

By |2019-12-18T21:37:24+00:00June 7th, 2016|Value Chain & Third Party|

Thomaz Favaro, Control Risks. Thomaz Favaro is the Sao Paulo-based lead analyst for Brazil at Control Risks, the global political, integrity and security consultancy. The final unfolding in 2016 of the “Car Wash” corruption probe into Brazil’s Petrobras will capture the attention of all of Latin America. The sheer scale of the ...

Brazil’s Fight Against Corruption Continues Amid the Political Crisis

By |2017-01-15T20:43:03+00:00May 18th, 2016|***RSS BELA Member, Value Chain & Third Party|

Roberto Abdenur is Former Brazilian Ambassador to the United States, China and Germany. Most recently, he served as CEO of ETCO, the Brazilian Institute for Ethics in Competition, a Non-Governmental Organization that works with corporations and associations to promote responsible business practices. Pamela Passman is President and CEO of the Center for Responsible Enterprise and Trade (CREATe.org), ...

Editor’s Picks: Brazil’s New Leader to Focus on Building Trust and Credibility

By |2017-01-15T20:43:04+00:00May 13th, 2016|Value Chain & Third Party|

It may take sometime for Brazil to rebuild its economy and restore public trust. Earlier this week, Brazil’s senators made an unprecedented move by voting to suspend former President Dilma Rousseff and put her on trial for violating budget laws, Reuters reported. The country took a major blow in 2014 when news broke about the Petrobras ...

The Data Behind the Impact of Executive Involvement

By |2017-01-15T20:43:04+00:00May 11th, 2016|Value Chain & Third Party|

This article originally appeared in the Society of Corporate Compliance and Ethics’ magazine, Compliance & Ethics Professional, May 2016 edition. BYRNE ON GOVERNANCE In March, the Ethisphere Institute and Kroll released “The 2016 Anti-Bribery and Corruption Report,” summarizing the results of survey work conducted earlier in the year. The survey included responses from over 260 compliance and ...