Wrage, president of Annapolis, MD-based TRACE, a non-profit anti-bribery compliance organization, says more and more multinational organizations are going to be faced with multi-jurisdictional compliance issues going forward. She says that News Corp’s alleged bribing of public officials is emblematic; companies paying a bribe in one country can expect more than ever that they’ll face enforcement actions in two, three, or more countries.
“I’m trying to find new ways to impress upon companies why it’s important that they avoid bribery risk of any kind,” says Wrage. “But increasingly what gets their attention is the fact that these cases have an almost unlimited shelf life.”
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