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Malaysia Plans to Offer Whistleblower Awards as Part of New Anti-Corruption Strategy

Whistleblower Network News

On May 7, the Malaysian government launched its 2024-2028 National Anti-Corruption Strategy (NACS), a continuation of its 2019 National Anti-Corruption Plan (NACP) that ended in 2023. billion) between 2018 and 2023. billion) between 2018 and 2023. This estimate would yield average losses of around US$11.7

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The Amendment to the UAE’s 2018 Arbitration Law: More Than Meets the Eye?

Kluwer Arbitration

6 of 2018 On Arbitration (“2018 Arbitration Law”) that was adopted a mere five years earlier. The 2018 Arbitration Law was itself a long-awaited and significant rehaul of legal principles, which confirmed a number of nuances that had been adopted by the courts and was welcomed for aligning the UAE with international standards.

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Voluntary Self-Disclosure of FCPA Violations Following Acquisition Avoids Corruption Charges

Government Contracts & Investigations

The Foreign Corrupt Practices Act (“FCPA”) prohibits U.S. companies from engaging in bribery and corruption abroad when the payments are directed at foreign government officials to gain an improper business advantage. [4] The Foreign Corrupt Practices Act (“FCPA”) prohibits U.S. 3] What is the FCPA? What did Lifecore do?

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AML Whistleblowers Can Play a Key Role in Exposing the Illicit Side of Sports

Whistleblower Network News

The 2018 Supreme Court case Murphy v. The AML Whistleblower Improvement Act established the AML Whistleblower Program, an important tool for balancing the unregulated sports environment and targeting corruption within the industry. authorities. NCAA, 584 U.S.

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A Masquerade Ball – EPPO uncovers EUR 200M in customs duties and VAT due

Import and Trade Remedies

The EPPO has the power to investigate, prosecute and bring to judgment crimes against the EU budget, such as fraud, corruption or serious cross border fraud. The supposed scheme involved importing high quantities of goods, such as textiles, shoes and small electronic items from China to EU countries using fake invoices.

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2024 PAW: Going after the Arbitrators – The Criminalization of International Arbitration Proceedings

Kluwer Arbitration

Allegations of corruption can be made even in the absence of criminal offences. Gabriele Ruscalla cited the example of an arbitral tribunal that was found guilty of corruption for changing the seat of the arbitration. Corruption of arbitrators can take various forms, ranging from bias and conflicts of interest (e.g.

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Arbitration in the Era of Market Liberalization in Ethiopia

Kluwer Arbitration

In April 2024, a law passed by the Investment Authority opened the import, wholesale, retail and export (of raw coffee, khat, oilseeds, pulses, hides and skins, forest products, poultry and livestock bought from the local market) sectors to foreign investments. Ministry of Agriculture (Cassation File No.

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