MyComplianceOffice Blog

Hong Kong has become one of the most corruption-free nations in the world. The Transparency International 2022 Corruption Perceptions Index (CPI), the most widely used global corruption ranking system, lists Hong Kong as the 12th most ‘clean’ nation out of 180. The system measures how corrupt a country’s public sector is perceived to be, according to experts and businesspeople.

Approximately 90 percent of  Foreign Corrupt Practices Act (FCPA) enforcement actions involve a third party. That’s according to a recent article in the FCPA blog. The U.S. Department of Justice (DOJ) has taken notice, including an entire section on third-party risk management as part of its updated guidance for evaluating corporate compliance programs. 

Compliance Conference season is well underway. Next week, MyComplianceOffice will journey to “the heart of Europe” to exhibit and attend the SCCE’s 5^th Annual European Compliance & Ethics in Prague, April 2-5. Back by popular demand is our list of top things to do and best “selfie” destinations to make the most out of your trip!

The 4th Edition Third Party Vendor Risk Management for Financial Institutions will be held at the Sheraton Fisherman's Wharf in San Francisco, September 12-14th. While the conference promises to be an interesting and beneficial event, we at MCO have compiled a list of 8 must do things during your time in the city by the bay.