On August 28, 2017, Petróleos Mexicanos published its new Code of Conduct. The Code outlines the corporate ethics principles and guidelines mandatory for all employees, subsidiaries and affiliates.
The EU imposed sanctions on Venezuela in response to the continuing crisis in Venezuela and the perceived deterioration of democracy, the rule of law and human rights.
The Justice for Victims of Corrupt Foreign Officials Act has entered into force. The Act gives Canada the ability to impose unilateral sanctions against “foreign nationals” who are involved in corruption or gross violations of human rights.
On October 7, 2017, the EU Commission published its updated study on corruption in the EU healthcare sector. Companies in the healthcare industry should rethink their policies and procedures based on the results of this Europe-wide study.
The new Law on Corporate Criminal Liability for corruption offences is approved and now companies should take the appropriate measures in order to prevent and detect possible corruption crimes committed in their workplace.
Under the new Apology Ordinance, the evidence of an apology is not admissible in any judicial, arbitral, administrative, disciplinary and regulatory proceedings for determining fault or liability.
The National Assembly amended the 2015 Penal Code and introduced corporate criminal liability for certain violations and commercial bribery.
The UK Supreme Court unanimously confirmed that the two limb Ghosh test for assessing dishonesty in criminal proceedings should be replaced by a purely objective test. This is a very significant development in criminal law.