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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. Correspondingly, this is yet another important factor to consider in determining whether to make a disclosure. Jardine Lloyd Thompson Group Holdings Ltd. Wood did not.

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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. The country enjoyed comparatively marginal improvements, rising to 61st in 2022 and 57 in 2023. billion) between 2018 and 2023.

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Whistleblower Tips Are “Critically Important” Says New CFTC Whistleblower Director

Whistleblower Network News

Leads generated from insiders are critically important to any financial enforcement program,” said Young. The CFTC Whistleblower Program has proven to be highly effective in combating commodities fraud as well as international corruption,” said whistleblower attorney Stephen M. Kohn of Kohn, Kohn & Colapinto. “We

Import 110
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Innovation procurement under the Procurement Act 2023 -- changing procurement culture on the cheap?

How to Crack a Nut

On 13 November 2023, the UK Government published guidance setting out its ambitions for innovation procurement under the new Procurement Act 2023 (not yet in force, of which you can read a summary here). 94 PA 2023). This is an important issue that may require further discussion in a separate post. 20 PA 2023).

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Mzukisi Makatse

Whistleblower Network News

In this episode of the Whistleblower of the Week podcast , host Jane Turner speaks with Mzukisi Makatse, who blew the whistle on a corrupt grant awarded by the South African Lottery Commission. Makatse was honored for his bravery by Blueprint for Free Speech in their 2023 Whistleblowing Awards.

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Johannah Phenya

Whistleblower Network News

[link] In this episode of the Whistleblower of the Week podcast , host Jane Turner speaks with Johannah Phenya, the owner of a South African IT company who alongside her husband blew the whistle on alleged corruption and fraud in the awarding of government contracts. Subscribe on your favorite platform!

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New Whistleblower Film Puts a Spotlight on South African Whistleblowers

Whistleblower Network News

Together, they embark on a perilous journey in their quest to expose the state capture of a corrupt South African security group and the double-dealing profiteers who benefit from warfare in Africa. South African whistleblowers face an uphill battle when it comes to reporting corruption.