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TRACE Matrix
The Global Business Bribery Risk Index for the Compliance Community

Resource Center
New content is regularly added to the TRACE Resource Center. 
Conducting an Effective Anti-Bribery Risk Assessment (Webinar)
Recently Added: 
Monitoring High Risk Intermediaries Benchmarking Survey Results, Offsets, Charitable Donations, and Other Foreign Government Requests: What Are the Risks? (Webinar), Conducting an Effective Anti-Bribery Risk Assessment (Webinar), Russia/Ukraine Conflict Sanctions Guide (May)
Country Bulletins + Gifts & Hospitality Guidelines for: 
Bahrain, Kenya, Kuwait, Libya, Morocco, Sri Lanka, Turkey, and Venezuela.

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May 2015
Compendium Roundup


This month, BHP Billiton Limited agreed to pay $25 million to the U.S. Securities and Exchange Commission ("SEC") to resolve allegations that the Company violated the U.S. Foreign Corrupt Practices Act ("FCPA") by paying for government officials and employees of state-owned enterprises from countries such as Democratic Republic of Congo, the Philippines and Burundi to attend the 2008 Beijing Summer Olympic Games. 


Read more on the TRACEblog>>>

Featured Resource: Member Webinars
The TRACE member webinar library, now available in the TRACE Resource Center, includes more than 100 hours of recorded courses from the TASA: TRACE Anti-Bribery Specialist Accreditation® program. These courses cover a broad range of anti-bribery issues and are broken down into the following categories: compliance program and risk management, country/region specific, industry specific, international organization and civil society, and investigations and enforcement actions.

Visit the TRACE Members-only Resource Center to learn more. 

The 2014 Global Enforcement Report (GER) will be released on Wednesday, June 3, 2015. This report provides a graphic and textual analyses of all known anti-bribery enforcement actions - including investigations, prosecutions, settlements and cases settled with no finding of bribery - since the first bribery cases were prosecuted in the U.S. following the enactment of the FCPA.

The report will be made available to TRACE Members in the TRACE Resource Center

Benchmarking Survey

We invite you to participate in the next TRACE Benchmarking Survey on Compliance Program Structures, Staffing, Resource Allocation, Reporting, Governance and Metrics. 


Please submit only one response per company by Friday, June 19.


Click here to participate. 

Survey Results: Monitoring High Risk Intermediaries 

While recent FCPA settlements have alluded to failures to perform adequate monitoring of third parties, there is little guidance on the protocols that companies should follow when monitoring high risk intermediaries. In an effort to help companies establish guidelines for monitoring high risk intermediaries, TRACE recently conducted a benchmarking survey on this issue. The results of this survey will be available in the TRACE Resource Center, but you may also click here to view. 

TASA: TRACE Anti-Bribery Specialist Accreditation® 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.  


June 24, 2015

Anti-Corruption Challenges in the Middle East

1:00 pm - 2:00 pm Eastern Time


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. 

15 June 2015
Chicago, IL

8 October 2015
Copenhagen, Denmark
16 October 2015
Paris, France

Global Anti-Bribery In-House Network (GAIN)
This high-level event provides TRACE Member Companies with the opportunity to share best practices and learn first-hand from TRACE Partner Law Firms and one another about corruption risks and enforcement trends around the world. Save the date and register early for this highly anticipated event.

13-14 October 2015
London, UK
View agenda-at-a-glance.
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.



B20 Turkey Anti-Corruption Taskforce - Second Joint Taskforce Meeting

Hosted by: B20

June 2 - June 3


7th Chicago FCPA Bootcamp 

Hosted by: ACI

June 16-17



8th Advanced China Forum on Anti-Corruption

Hosted by: ACI

June 16-18



Spending Your Dollars Wisely/Allocation Your Resources Effectively

Hosted by: ACC

June 19

Purchase, NY 


Practical Guide to Anti-Corruption Compliance

Hosted by: Canadian Institute 

June 23 - June 24



Global Compact+15: Business as a Force for Good

Hosted by: UN Global Compact
June 23-25

New York



Global Anti-corruption Regulatory & Enforcement Update

Hosted by: ACI

July 20

Washington, DC

6th Global Forum on Anti-Corruption and Compliance in High Risk Markets

Hosted by: ACI

July 21

Washington, DC


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

International Regulatory Updates


Sri Lanka

Tiruchelvam Associates

The 19th Amendment to the Constitution of the Democratic Socialist Republic of Sri Lanka was signed into law on 15 May 2015.  The amendment established the National Procurement Commission which will function to formulate fair, equitable, transparent, competitive and cost effective procedures and guidelines for the procurement of goods and services, consulting services and information systems by government institutions. 

News & Press

27 May 2015
The New York Times, Matt Apuzzo, Michael Schmidt, William Rashbaum, and Sam Borden

The National Post, Declan Hill

29 May 2015
Heavy Lift & Project Forwarding International 



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