The August 2013 edition of our Corporate Crime Update covers developments in relation to corruption, money laundering, fraud, sanctions and related matters across a number of jurisdictions. For the full update on each jurisdiction, please click on the name of the country. A brief overview of what is covered in each country’s update is set out below.
- New DPP appointed
- BIS call for evidence on whistleblowing framework
- IOSCO publishes paper on cyber-crime, systematic risk and global securities markets
- Justice Secretary asks SFO to investigate security firms
- Transparency International guidance for conduct of effective bribery risk assessment
- SFO recent statistics
- FCA Financial Crime Newsletter No. 1
- FCA anti-money laundering annual report 2012/13
- Formula 1 Boss served with indictment on bribery charge
- BIS consultation on company ownership and transparency
- Financial public prosecutor
- Constitutional Reform of the Supreme Magistrate's Council
- Oil for food
- EU adds Hezbollah's military wing to terrorism asset freezing list
- ECJ judgement in Kadi II
- EU renews and amends sanctions against North Korea and Syria
- Global Corruption Barometer 2013
- Deeyar's former CEOs acquitted
- CEO sentenced to 16 months for securities fraud
- State body found guilty of cartel agreement
- New Russian anti-money laundering laws
- Money laundering ring exposed
- China - IBM settles bribery claims for US$10 million
- China - China's former railways minister gets suspended death sentence for corruption scandal
- China - Senior officials removed from their posts during bribery investigations
- China - Bo Xilai finally indicted on corruption charges
- China - GlaxoSmithKline admits executives involved in bribery
- Indonesia - Chevron worker convicted of corruption
- Indonesia - Indonesia to build an international anti-corruption academy?
- India - Indian firm debarred by World Bank for fraud and corruption:
- India - FCPA inquiries into several U.S. companies' ventures in India:
- Burma - Burma's Parliament approves Anti-Corruption Bill:
- Burma - Tax Revenue Officials implicated for corruption:
- Vietnam - Party Leader demands fight against corruption
- Malaysia - Directors and CEOs may be held liable for employee corrupt acts
- Malaysia - Former FELDA subsidiary officers misappropriates funds exceeding US$9 million
- Singapore - Anti-corruption officer charged for misappropriation of public funds
- Singapore - Money Authority of Singapore fines 22 firms over money-laundering
- Taiwan - Taipei City Councillor faces corruption charges
- Pakistan - Anti-corruption enquiries into illegally transaction government lands
- Korea - Korea's first anti-corruption bill for government officials approved
- Olympus scandal: sentences issued against former executives
- In their sights: Port Council faces investigation by new integrity watchdog
- Miners nervous of anti-bribery laws
- ASIC releases information sheets on involvement in private court proceedings and providing information to private litigants
- Whistleblowers are not protected under Dodd-Frank if they report internally
- US government may proceed with lawsuit against S&P
- SEC announces new special incentives
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