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What is Ethical Procurement and Why is it Important?

Oxford College of Procurement and Supply

Ethical procurement is becoming increasingly important in our ever more complex, interconnected, and global economy. In the past, the main focus for most companies was profit, but more and more companies now understand and value ethical procurement. What is Ethical Procurement? What is Ethical Procurement?

Ethics 52
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Digging out data to shine a light on public buying in Mongolia

Open Contracting Partnership

To tackle this problem, the country has proposed wide-ranging legislation , including an anti-corruption package with measures to standardize the operations of Mongolia’s state-owned enterprises (SOEs) and ensure they follow consistent rules throughout processes like tendering and procurement, among others.

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Voluntary Self-Disclosure of FCPA Violations Following Acquisition Avoids Corruption Charges

Government Contracts & Investigations

The Foreign Corrupt Practices Act (“FCPA”) prohibits U.S. companies from engaging in bribery and corruption abroad when the payments are directed at foreign government officials to gain an improper business advantage. [4] While pre-acquisition due diligence is important, it does not always uncover misconduct. 8] See id.

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ICCA Hong Kong 2024: Advocacy, Procedures, and Ethics in Focus

Kluwer Arbitration

The discussion also addressed limitations to human cognitive skills, including the average attention span and the importance of engaging visuals. The speakers stressed the necessity of genuine credibility and discussed different ways of fairness. Follow along and see all of Kluwer Arbitration Blog ’s coverage of ICCA Hong Kong 2024 here.

Ethics 52
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Sustainability in Procurement: Strategies and Challenges

ivalua

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

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Global: Annual Compliance Conference 2024 (webinar series)

Import and Trade Remedies

We will be delivering our cutting-edge insights and guidance virtually on key global compliance, investigations and ethics trends. RSVP The post Global: Annual Compliance Conference 2024 (webinar series) appeared first on Import and Trade Remedies Blog.

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Hong Kong Arbitration Week 2024: Guarding the Integrity of Arbitration – Reflections on the Landmark English Decision in Nigeria v P and ID

Kluwer Arbitration

Improper retention of privileged and confidential legal documents : P&ID improperly obtained, retained, and misused Nigeria’s privileged and confidential legal documents, and used these to monitor whether its corruption had been uncovered and to track Nigeria’s case strategy throughout the arbitration.