Viet Nam business associations / Malaysia helps companies / US-China FCPA case

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Business associations lead way to promote business integrity in Vietnam.  In Vietnam, 11 Business Associations have officially signed the Business Integrity Pledge to uphold the core values of integrity, ethical behavior, and accountability. It is one of the key activities of the Government and Business Integrity Initiative (GBII) implemented by VCCI under the UNDP’s Regional Project “Promoting A Fair Business Environment in ASEAN”.

Ngoc Thuy/Hanoi Times: http://hanoitimes.vn/business-associations-lead-way-in-promoting-business-integrity-in-vietnam-300142.html

 

MACC ready to help companies identify gaps in anti-corruption plans.  “The Malaysian Anti-Corruption Commission (MACC) is prepared to help commercial organisations to identify the gaps or the uncovered areas in their anti-corruption plans ahead of the enforcement of Section 17A of the MACC Act in June next year.”

Bernama: http://bernama.com/en/news.php?id=1790999

 

U.S. charges two former Herbalife executives in China over bribery scheme: source.  “U.S. prosecutors criminally charged two former executives of Herbalife Nutrition Ltd’s (HLF.N) Chinese unit with running a decade-long scheme to bribe Chinese government officials to win business and evade regulatory scrutiny,”

Reuters: https://www.reuters.com/article/us-usa-herbalife-corruption-charges/u-s-charges-two-former-herbalife-executives-in-china-over-bribery-scheme-source-idUSKBN1XO2RR

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