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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.

Import 99
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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 per year and, using figures from the World Bank, make the average cost of corruption around 3% of annual GDP.

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2019 Hague Convention: On UK Accession and the Convention’s Interplay with International Arbitration

Kluwer Arbitration

On 27 June 2024, the United Kingdom (“UK”) ratified the Convention of 2 July 2019 on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters (“2019 Hague Convention” or “Convention”), with 1 July 2025 being the expected date of its entry into force in England and Wales.

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Tackling Corruption in the Arbitral Process: Reflections on Nigeria v Process and Industrial Developments Limited

Kluwer Arbitration

P&ID’s Chief Executive Officer, Mr Quinn, had conducted himself dishonestly in giving evidence at the Court of which parts were knowingly false, namely that P&ID had procured the contract with Nigeria through corrupt payments to a Nigerian official. Inadequate Representation: Should a Tribunal Do More?

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

Kluwer Arbitration

Brigitte Stern and Dr. Andrés Rigo Sureda (President) issued a final award (“Award”) in an investment treaty case PCA 2019-15 (“Dispute”), between Worley International Inc. In this post, we describe the factual background of the dispute and examine the jurisdictional and admissibility issues regarding allegations of corrupt and illegal acts.

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Tui v Griffiths: The Importance of Putting Your Case to Witnesses and Experts in Cross-Examination

Kluwer Arbitration

The decision has important implications for arbitration. D [2019] EWHC 1277 (Comm) ; BPY v MXV [2023] EWHC 82 (Comm)). In this respect, the observations of the UKSC in Tui as to when the rule should apply provides important guidance on how a tribunal should exercise its discretion ( Tui , paras.

Import 64
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Examining the Delegation of the Power to Determine Arbitrability: Insights from Fujitsu Semiconductor Ltd. v. Cypress Semiconductor Corp.

Kluwer Arbitration

In its decision, the Fujitsu court emphasized the importance of upholding the contracting parties’ intentions when assessing the validity of arbitration agreements and considered when federal courts might abstain from exercising jurisdiction. Fujitsu Electronics was later acquired by Kaga Electronics Co., Ltd. (“Kaga”).