ANNAPOLIS, Maryland, Dec. 2, 2015 /PRNewswire/ — TRACE International, the globally recognized anti-bribery business association, invites applications for its prestigious TRACE Scholar Program, which fully funds students from developing countries to pursue an LLM focused on advancing commercial transparency and raising anti-bribery compliance standards. Fellowship recipients spend an academic year at one of three universities participating in the program, followed by a paid summer internship at TRACE headquarters in Annapolis, Maryland.
This year, TeliaSonera, a major telephone company and mobile network operator in Europe, will fully fund a fourth TRACE Scholar at one of the institutions. The TeliaSonera scholar will be selected from a Eurasia/CIS country in support of TeliaSonera’s anti-bribery efforts in the region. “During the implementation of our anti-corruption program we have understood the importance of working with both our own operations and with the external context,” said Johan Dennelind, TeliaSonera President and CEO. “The TRACE Scholarship is an excellent way for us to show our commitment to the fight against corruption in the Eurasian region.”
The law schools participating in this cycle of the TRACE Scholar Program are: Georgetown University; University of Washington School of Law; and King’s College, Cambridge University. New this year, “Georgetown looks forward to welcoming its first TRACE Scholar and is proud to support lawyers who will work to combat corruption and improve the legal environment for business around the world,” said Caryn Voland, Assistant Dean of Graduate Programs at Georgetown Law.
The TRACE Scholar program includes full tuition, lodging and travel. Each student will spend one academic year at their chosen institution studying governance and economic development, business ethics and rule of law. TRACE Scholars commit to returning to their country or region of residence, following the TRACE internship, to continue work relating to anticorruption.
Previous TRACE scholarships have been awarded to LLM students from India, Ecuador, Kenya and Ukraine. “The TRACE Scholarship granted me valuable tools to reinforce my anti-corruption practice,” said Ernesto Velasco Granda, lawyer and 2014-2015 TRACE Scholar. “The compliance community in Ecuador and the region are direct beneficiaries of what I learned during my studies and subsequent internship at TRACE.”
Applicants should apply directly to their university of choice. Application details and instructions can be found at http://www.traceinternational.org/about-trace/initiatives/. General queries can be emailed to TRACE at info@TRACEinternational.org
About TRACE
TRACE International and TRACE Incorporated are two distinct entities with a common mission to advance commercial transparency worldwide by supporting the compliance efforts of multinational companies and their third party intermediaries. TRACE International is a non-profit business association that pools resources to provide members with anti-bribery compliance support while TRACE Incorporated offers both members and non-members customizable risk-based due diligence, anti-bribery training and advisory services. Working alongside one another, TRACE International and TRACE Incorporated offer an end-to-end, cost-effective and innovative solution for anti-bribery and third party compliance. For more information, visit www.TRACEinternational.org.