The Duxes Compliance and Risk series features annual events in China, as well as across the Asia Pacific region and Middle East, gathering industry leaders and policymakers to discuss the latest developments in the field of anti-corruption compliance.
The U.S. Treasury's Office of Foreign Assets Control (OFAC) has released a framework to help domestic and overseas companies create a Sanctions Compliance Program (SCP).
A new anti-corruption unit (Counter Corruption Unit) was set up in early May to pursue corruption suspects in prisons in England and Welsh.
In the past few months, there have been several instances of unsavory corruption involving senior government officials.
India's federal anti-corruption ombudsman, the Lokpal, became operational last Tuesday.
The U.S. Department of Justice (DOJ) is keeping a close eye on the construction industry, and the industry should be prepared. Under the Foreign Corrupt Practices Act and the False Claims Act, there will be a significant increase in the number of investigations and enforcement actions by the DOJ.
Transparency International (TI) just released its 2018 CPI. The CPI remains an important indicator for companies to manage corruption risks when doing business abroad.
Uganda has been plagued by persistent corruption for decades. In response, President Museveni has initiated a new anti-corruption authority in an attempt to stamp out the worst effects of corruption on society.
In recent years, global and regional anti-corruption legal instruments have played an important role in promoting the criminalization of commercial bribery. Notably, the United Nations Convention Against Corruption encourages, but does not require, countries to criminalize commercial bribery.
On April 5, 2018, the Malaysian Parliament amended the Malaysian Anti-Corruption Commission Act 2009, implementing major changes to the section on responsibility for corporate corruption.
On November 4, 2017, the Standing Committee of the National People's Congress adopted the amendment to the PRC Anti-Unfair Competition Law (AUCL), clarifying the scope of commercial bribery in China.
On December 2, 2018, the Israeli Police announced that Prime Minister Benjamin Netanyahu is suspected of being involved in corruption at Israel's largest state-run telecommunications company (named the "Case 4000" investigation) and recommended that Israeli prosecutors prosecute him and his wife Sar ...
Denmark is one of the least corrupt countries in the world, not only possessing some of the strictest anti-corruption laws, but also an independent, well-functioning judicial system that supervises government authorities and the private sector. Furthermore, zero tolerance for commercial bribery an ...
Oftentimes students lack real-world experience and the capacity to distinguish right from wrong. Therefore, educational environment is essential to building character and preventing inappropriate behavior. With this in mind, the Ministry of Education in China recently implemented four measures to pr ...
In 2017, consulting firm Ernst & Young conducted a survey tracking the prevalence of corruption around the world. The survey involved interviews of 4,100 senior executives from 41 jurisdictions who had come across fraud, including 100 interviewees in Germany. More than two-fifths of the German exe ...
In July, the Japanese auto industry was hit by a major scandal, in which a number of prominent automakers were accused of cheating on emissions tests. The Ministry of Transport subsequently conducted a thorough examination of the claims, involving 23 major car and motorcycle manufacturers.
India has long been plagued by corruption. According to the Corruption Perceptions Index 2017 from Transparency International, India ranked 81st with the score of 40, a mediocre ranking that continues to hinder economic growth and development.