Curbing Bribery And Corruption In International Arbitration

Law360, New York (October 3, 2016, 11:00 AM EDT) -- Corruption in international business is becoming endemic. Transparency International's latest Global Corruption Report highlights that nearly a third of business executives feel that corruption is getting worse. Companies are also subject to increasing global scrutiny. On May 12, 2016, the U.K.'s anti-corruption summit was hosted in London where participants pledged to "end the misuse of anonymous companies to hide the proceeds of corruption" and "driv[e] out those lawyers, real estate agents and accountants who facilitate or are complicit in corruption," thereby "denying the corrupt use of legitimate business channels."...

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