Over the past two decades, the enforcement of anti-bribery, anti-money-laundering and anti-terrorism-financing regulations has become increasingly challenging for multinational corporations. Bribery and money laundering scandals have the potential to take down entire multinational corporations. Frequently, managers in charge of those firms end up facing criminal prosecution and civil lawsuits, and are not equipped with the formal legal training to prevent these phenomena. 

Compliance in Multinational Corporations explores the historical background of such phenomena as bribery, money laundering, and terrorism financing. Analysing the legal environment based upon international conventions, and including an empirical analysis of 100 expert interviews, it takes an innovative look at the perspectives of both criminals and compliance experts to provide a long-lasting guide for compliance experts. While traditional compliance and financial crime literature focuses on rules, regulations and prevention mechanisms, this book shows how intelligent criminals act. It offers practical advice and concrete guidelines that will address the most pre-eminent compliance challenges. 

The book will prove an essential resource for compliance managers, academics and professional educators who wish to equip themselves against the significant risks they face.

"Teichmann, an attorney and public notary in Switzerland, and Sergi, an economist in the US, outline an approach for multinational organizations to eliminating corruption and bribery, focusing on systems that incentivize compliance with rules and regulations, rather than paying bribes. They consider how conventional incentive systems foster or prevent corruption in these corporations, how these systems should be adjusted to ensure more effective compliance with formal anti-bribery rules and multinational corporations, how incentive systems should be adjusted to foster anti-bribery whistleblowing, and the difficulties in introducing anti-bribery incentives. They discuss challenges and solutions to money laundering, how multinational corporations become trapped in terrorism financing, and the use of sanctions and embargoes and whether they are effective political tools." - (protoview.com)

"Through an analysis of the pertinent legal environment on the basis of international conventions, coupled with an empirical analysis of interviews with one hundred experts on the issues being discussed, the book takes an innovative look at the perspectives of both criminals and compliance experts to provide a long-lasting guide for compliance professionals... The book will prove an essential resource for compliance managers, academics and professional educators who wish to equip themselves against the significant risks they face." - Journal for Labour and Social Affairs in Eastern Europe, vol. 21 (2018)

"[Compliance in Multinational Corporations] is a highly welcome addition to the existing literature on money laundering and terrorism financing. It provides a clear and compact range of possible solutions to transnational financial and business crimes, based on sound methodology." - Volume 95, Issue 2, 1 March 2019, Pages 489–490, https://doi.org/10.1093/ia/iiy259