The FCPA Blog Quotes Matt Herrington on Corporate Compliance

June 25, 2014

The FCPA Blog quoted Steptoe partner Matt Herrington in an article titled “World Bank Helps Lead Global Shift to Clean Development.”  The article, posted June 24, discusses the influence of the World Bank Group’s anti-corruption enforcement efforts on private sector partners.  Significant fines and the World Bank’s very public online listing of firms debarred for coming into conflict with its policies create strong incentives for corporate compliance.  Mr. Herrington says that he has seen a “revolutionary change” in risk management over the last decade, explaining that “more and more, a significant compliance-related dimension is factored into executive compensation.”

The full article can be read at The FCPA Blog.