More News

It’s Anti-Corruption Day, and here’s why that’s important
December 9th, 2014
Corruption can take many forms. Whether it's a politician funneling state funds into bank accounts in offshore tax havens, or a multinational corporation skirting their tax responsibilities in a developing country, one thing is clear: corruption stifles development and hinders society. Often, lots of these activities are facilitated by a lack of transparency in our financial system. Today is International Anti-Corruption Day, which should serve as a day to remind the world why it's important to speak out against corruption. Feel free to join in the global chorus on Twitter by following the hashtags #breakthechain and #anticorruptionday.
Continue Reading
Keeping Committments
December 10th, 2010
This year's International Anti-Corruption Day is marred by a U.S. Chamber of Commerce attempt to weaken the Foreign Corrupt Practices Act (FCPA), our nation's flagship anti-corruption legislation. Passed in 1977, the FCPA was a response to eroded public trust in government following the Watergate scandal and the admission by Lockheed and some 400 other American companies that bribery to foreign officials was a commonplace practice in international commerce. The U.S. FCPA stood virtually alone on the global stage in the fight against corruption until the late 1990s, when other...
Continue Reading
Follow @FinTrCo