After much deliberation between the upper and lower chambers, the French Parliament has adopted tough new anti-corruption legislation. Known as Sapin II, the new law presents a tougher framework for the prevention and prosecution of corruption in France and is likely to have far-reaching consequences for French and foreign groups. It comes in response to criticism from…
Yearly Archives: 2016
Dan Silver, Global Functions and Compliance Officer for Shell, but speaking in a personal capacity, began our final Business Ethics Debate of 2016 by posing the question, are ethics and compliance a force for good or simply an insurance policy? The insurance policy approach involves a lot of investment in ethics and compliance programmes to…
Since the first revelation by ex-Crewe defender Andy Woodward in mid-November, the allegations of historical abuse in football have escalated to alarming levels, presenting a very real crisis for the sport. To date, 98 amateur and professional clubs have been linked to allegations of abuse, twenty-one police forces have opened investigations and a dedicated sexual…
Recent corporate governance failings at high-profile companies have further dented the British public’s trust in business and raised questions as to whether existing standards are fit for purpose. In light of this, the UK government has launched a consultation seeking views on how to improve the country’s corporate governance framework. The government’s proposals are outlined…
GoodCorporation was asked by Ethical Corporation to review the recommendations in the government’s Green Paper on corporate governance reform Back in July, newly elected Prime Minister Theresa May called time on “irresponsible” corporates. Big business, it was said, needed to change. Strong governance was required to enable companies to take better. Does the Green Paper…
Following the publication of the Dame Janet Smith report in February 2016 the BBC published a progress report in July 2016 and undertook to provide a response to Dame Janet’s recommendations by the end of the year. This has now been published and sets out the action the BBC has taken to address the recommendations made…
With organisations like FIFA, IAAF, WADA, IOC and British cycling all caught up in recent governance scandals, it should be a breath of fresh air that Sport England and UK Sport has published a Code for Sports Governance with which all publicly funded sports organisations must comply from 2017. This is tantamount to applying the…
With its fifth position in Transparency International’s Corruption Perception Index, a measure of the perceived levels of corruption in a country’s public sector, the Netherlands is considered to be one of the least corrupt countries in the world. In recent years however, Dutch businesses such as Vimpelcom, Ballast Nedam, KPMG Netherlands and SBM Offshore, have…
Failure to prevent economic crime looks set to become a corporate offence under the May administration. Speaking at the Cambridge Symposium on Economic Crime last in September, the attorney general, Jeremy Wright QC confirmed that a consultation on the introduction of the corporate offence of failing to prevent economic crimes such as money laundering, false…