THE LATEST TRACE REPORT: ANTI-BRIBERY ENFORCEMENT IS BACK TO NORMAL IN THE US AND SURPRISINGLY ACTIVE IN EUROPE

On 19^th March, Freshfields Bruckhaus Deringer published a briefing on the TRACE International 2017 Global Enforcement Report with the most up-to-date statistics on cross-border bribery investigations and enforcement actions involving government officials.  The report contains such details as authorities in the US and Europe (including the UK) together are conducting nearly 90% of the foreign bribery investigations, with investigations equally divided between them.  US authorities appear to be focusing most closely on US and European companies allegedly paying bribes in Asia-Pacific, and Europe was also home to a surprising proportion of alleged recipients of bribery by US companies.  Authorities in Brazil, India, China and Nigeria were by far the most active in investigating foreign bribery of their own domestic officials.

http://risk.freshfields.com/post/102esq9/the-latest-trace-report-anti-bribery-enforcement-is-back-to-normal-in-the-us-an

The TRACE report is at –

https://www.traceinternational.org/ger

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017