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Foreign Corrupt Practices Act Update: Considerations Around Voluntary Disclosures

GovCon & Trade

Two recently announced Foreign Corrupt Practices Act (FCPA) settlements involving reinsurance companies demonstrate what happens when the rubber hits the road. Jardine Lloyd Thompson Group Holdings Ltd.

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Empowering auditors: Indonesia uses data-driven oversight to clean up its corruption-prone procurement sector

Open Contracting Partnership

Challenge: Indonesia’s public procurement sector is highly vulnerable to corruption. Public procurement stands out as the most vulnerable sector to corruption in Indonesia. The collaboration revolves around the corruption risk monitoring platform, Opentender.net , developed by ICW and the national public procurement agency LKPP.

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Vatican Recognizes Importance of Financial Whistleblowers with New Procedures

Whistleblower Network News

On January 24, the Vatican issued new procedures on whistleblowing , recognizing the critical role whistleblowers play in exposing corruption and financial misconduct. The new document expands upon procedures first laid out in 2019 for reporting financial anomalies to the Office of the Auditor General.

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Can artificial intelligence bring corruption in public procurement to an end?

University of Bristol

It should then not be surprising that the possibility that artificial intelligence (AI) could ‘change the rules of the game’ (eg Santiso, 2019 ) and bring procurement corruption to an end is receiving significant attention.

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Corruption Under Scrutiny: The Ratione Materiae Objection in Panamericana Televisión v. Peru

Kluwer Arbitration

After acquiring an indirect majority control over the company, Mr. Schütz appeared in a video leak of bribery acts (known as the “Vladivideos” leak, one of the most infamous corruption scandals of Peruvian history). The Tribunal, quoting the World Duty Free v.

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Worley International Services v. Ecuador: The What, When and How in Corruption Allegations

Kluwer Arbitration

On its part, the Respondent raised several objections to the jurisdiction of the Tribunal, specifically pointing to several instances of corrupt and illegal acts allegedly committed by Worley at the making and during the operation of the investment. Worley may have willfully failed to monitor and investigate Tecnazul’s corrupt activities.

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2023 Blueprint Whistleblowing Prizes Honor Bravery and Integrity of 11 Whistleblowers

Whistleblower Network News

Each year since 2016, Blueprint for Free Speech has awarded annual Whistleblowing Awards. Johannah Phenya, a South African whistleblower who alongside her husband exposed alleged corruption and fraud at Foursight IT Business Solutions. s House of Lords who serves as one of the awards 3 judges.