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The Global Business Bribery Risk Index for the Compliance Community

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Unified List of Legal Entities Subject to Ukraine-Related Sanctions, Volga Group Diagram, Presentations from the 11th Annual TRACE Forum
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April 2015
Compendium Roundup


Anti-bribery investigations into TeliaSonera AB, Mobile Telesystems OJSC ("MTS") and VimpelCom Ltd. by multiple countries broadened this month. All three companies allegedly paid bribes to the daughter of the president of Uzbekistan, including through a company called Takilant, in order to obtain licenses and frequencies for their mobile networks in Uzbekistan. Swedish authorities have frozen more than €193 million in assets in connection with the investigations, of which $30 million was frozen this month at the request of U.S. authorities as part of the U.S. investigation into the companies. 

Read more on the TRACEblog >>>


6 April 2015
Alexandra Wrage, The Compliance & Ethics Blog
Featured Resource: TRACEselect

TRACEselect allows companies to order separately priced components of a due diligence report, based on their compliance priorities and risk profile. Users can create a customizable questionnaire for varying risk levels or include industry-specific questions. Through TRACE's user-friend Third Party Management System (TPMS), companies can order, track and view reports as well as manage intermediary relationships. TRACEselect's standalone reputational screening reports include information from the TRACE Matrix, a global business bribery risk index. 

To learn more about TRACEselect, click here
TRACE Anti-Bribery Specialist Accreditation(TASA)

TRACE Anti-Bribery Specialist Accreditation (TASA) webinars are now available to TRACE members at no additional charge. Register for a live webinar or request access to any recorded webinar in our online library


For more information, contact Interested in taking the TASA accreditation exam? Enroll in TASA today and become TASA accredited by the end of 2015.  


Offsets, Charitable Donations, and Other Foreign Government Requests: What Are the Risks?
May 27, 2015
Thomas Firestone, Partner
Howard Weissman, Of Counsel
Lina A. Braude, Partner
Baker & McKenzie LLP

To inquire about discounts and credits, write to
Programs for upcoming events are under development. Please visit the Member Activities webpage for more information.

Upcoming TRACE Roundtables 

These small-group, advanced sessions provide senior-level compliance professionals with the opportunity to share best practices and discuss emerging trends. Roundtables are limited to 20 participants. 

22 May 2015
Addis Ababa, Ethiopia

2 June 2015
Paris, France

15 June 2015
Chicago, IL

8 October 2015
Copenhagen, Denmark
Global Anti-Bribery In-House Network (GAIN)
During this 2-day, high-level event, in-house compliance professionals have the opportunity to share best practices and learn first-hand from TRACE Partner Law Firms about corruption risks and enforcement trends around the world. Save the date! 
13-14 October 2015
London, UK

TRACE Initiatives 
How to Pay a Bribe: Editorial Contest
TRACE is now accepting submissions for its next edition of How to Pay a Bribe: Thinking Like a Criminal to Thwart Bribery Schemes - the biennial collection of stories exposing real-world bribery schemes in the international business context.  The third edition, to be released in early 2016, will focus on bribery in the context of international business transactions. 

Up to five entries will be selected for publication and the authors will receive $2,000 each in compensationClick here for contest and submission details.



15th Annual WWPC Membership Conference

Hosted by: WWPC
May 13 - May 15

Fuengirola (Malaga), Spain

6th Annual CEE Membership Conference

Hosted by: CEE
May 17 - May 18

Antwerp, Belgium

Breakbulk Europe 2015

Hosted by: Breakbulk
May 18 - May 21
Antwerp, Belgium

Brazil Summit on Anti-Corruption

Hosted by: ACI
May 19 - May 20
Sao Paulo, Brazil


FCPA New York

Hosted by: ACI

May 19 - May 20

New York, New York 



B20 Turkey Anti-Corruption Taskforce - Second Joint Taskforce Meeting

Hosted by: B20

June 2 - June 3


West Africa Anti-Corruption Summit

Hosted by: C5

June 18

Accra, Ghana


Practical Guide to Anti-Corruption Compliance

Hosted by: Canadian Institute 

June 23 - June 24



For a complete list of upcoming events, visit the Upcoming Events Calendar on our website.

International Regulatory Updates


South Korea

Kim, Choi & Lim

The newly enacted Act on Prohibition of Illegal Solicitation and Receipt of Money and Other Valuables Etc., effective September 28, 2016, prohibits government officials and spouses from receiving, requesting or being promised to receive money or other valuables exceeding value of 1 million KRW in a single transaction or 3 million KRW during a fiscal year from the same individual, regardless to whether it is relevant to the government officials' duties or given as a donation, contribution, gift or any other reason.




Chile recently enacted and entered into force a law regulating lobbying activities.  The new law defines the concept of lobbying , regulated activities, and regulated public entities and/or authorities.  In addition, it provides for an establishment of a public registry of lobbyist to be maintained by the Counsel for Transparency.

News & Press

Jake Storey, Shipping Network

7 April 2015
Matthew Stephenson, The Global Anticorruption Blog



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