As regulators and prosecutors across many jurisdictions increasingly cooperate in cross-border anti-corruption enforcement efforts, the importance of an effective, globally oriented anti-bribery compliance program cannot be overstated. Parallel enforcement actions along with greater scrutiny of corporate compliance programs serve as a sobering reminder of the persistent efforts of regulators. With…
India poses high risks of corruption and money laundering for financial institutions operating in the country. To evaluate these risks, the authors recommend four key general steps combined with a number of India-specific considerations. Anti-corruption efforts, they suggest, require, among other things, a comprehensive knowledge and understanding of all customers…