The Hong Kong Court of Final Appeal has handed down a landmark ruling clarifying an important element in an offence under section 9 of the Prevention of Bribery Ordinance.
On 20 Feburary 2017, the German Federal Ministry for Economic Affairs and Energy published draft legislation, aiming at the creation of a Federal Register to protect the competition for public tenders and concessions
On 22th February 2017, the German Federal Government Cabinet approved the draft for a revised law on the combat of Money Laundering and Terrorism Financing.
On February 20, 2016 , the Spanish Anti-Corruption Public Prosecutor set forth the findings against two executives of a Spanish company within the Criminal Section of the Audiencia Nacional for making corrupt payments to a foreign public official.
Although issued without fanfare, the Evaluation Guidance represents the latest in a series of important communications by the Fraud Section outlining the DOJ’s expectations for effective corporate compliance programs.
China has launched the “two-invoice” system in drug distribution on a trial basis, aiming to improve transparency in drug prices and eliminate excessive profit margins associated with multi-tier distribution models.
Transparency International has launched its latest 2016 Corruption Perception Index. China’s ranking continues to improve, moving up by four places from last year’s rank of 83 to a rank this year of 79. Find out more about the other highlights.
Rules that govern advertising and promotion activities of medicines and medical devices in Portugal have recently been changed.
In December 2016, Ukraine introduced a new procedure to the National Agency on Corruption Prevention before terminating an employee who was responsible for implementing the Anti-Corruption Program.
Baker McKenzie has created a one of its kind Anti-Corruption Risk-Map. The risk maps provide information on primary anti-corruption legislation and enforcement agencies, offences, defences and penalties in 55 countries.