A UK refurbishment contractor has been found guilty under Section 7 of the UK Bribery Act 2010 for failure to prevent bribery. The case represents the first time that a jury has considered an "adequate procedures" defence under the UKBA.
Since 2 March 2018, corporate criminal liability law (Law 27,401) is in force. Legal entities will be subject to sanctions in these offenses against the Public Administration and/or corruption: (i) national and transnational bribery and influence peddling; (ii) improper and unlawful transactions of public officials; (iii) illegal exaction committed by a public official; (iv) illicit enrichment of public officials and employees; and (v) forgery of balance sheets and reports to conceal a corruption offense.
The Canadian government has announced the results of its public consultation on corporate criminal wrongdoing and enforcement and a majority of participants in the consultation process favoured the implementation of a deferred prosecution agreements.
We provide an overview of the Transparency International annual CPI in relation to Asia Pacific countries focusing on the progress of China.
The new law determines the mandatory implementation of a compliance program for companies that enter into contract, partnerships, agreements, concessions, or public-private partnerships with the public administration of the Federal District
This issue of the Ethics & Compliance in the Americas newsletter covers what the DOJ considers as cooperation, as updated by the new FCPA Corporate Enforcement Policy.
The new fifth edition of Foreign Corrupt Practices Act Handbook is a comprehensive guide for attorneys, at every level, who represent businesses doing international work. Read the first chapter for free on GCN.
This post provides a concise overview of the measures taken by the World Bank against corruption and how these measures affect multinational corporations.
This issue of the Ethics & Compliance in the Americas newsletter covers the new FCPA Corporate Enforcement Policy, which replaced the FCPA Pilot Program that had been in effect since April 2016.
Whistleblowing and Foreign Bribery Bills introduced into Senate confirm Australian Government's intention to increase corporate compliance requirements. In light of this event, companies should take the appropriate measures.