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By Torplus Yomnak, Co-Founder of HAND Social Enterprise and the Director of the Knowledge Hub for Regional Anti-Corruption and Good Governance Collaboration (KRAC) In May 2021, amid the pandemic lockdowns, a villager in Thailand took a stroll on the outskirts of their town, making an unexpected discovery that would stir the local community.
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.
Failed competitive tenderswhich previously offered a loophole for buyers to resort to direct awardshave dropped from 52% of the value of public tenders in 2018 to around 3% in 2022 to 2024. Why it matters An overreliance on non-competitive procedures makes the procurement market highly vulnerable to corruption and inefficient public spending.
Challenge: Indonesia’s public procurement sector is highly vulnerable to corruption. Fragmented and inconsistent auditing practices across the decentralized government system have impeded effective oversight. Public procurement stands out as the most vulnerable sector to corruption in Indonesia.
Many of you will know that weve always been interested in opening up and improving the procurement and contracts that underpin mega-sporting events, which have – all too-often been – vectors for cronyism, corruption or massive mis-spending. We hoped to do this for Paris 2024 but it was not to be!].
In particular, Kohn highlights actions that Congress and federal agencies can take to align the nation’s whistleblower programs with The United States Strategy on Countering Corruption. Anti-Corruption Strategy.” Anti-Corruption Strategy. The United States Strategy on Countering Corruption represents a roadmap for action.
08/L-209 on Sustainable Investments (hereinafter, the “2024 Law on Sustainable Investments”). Significant changes to the protection of foreign investors and their investments were introduced with the 2024 Law on Sustainable Investments which entered into force in September 2024. Kosovo Law No.
If 2024 activity is any indication, the U.S. Supreme Court will likely continue to rein in expansive prosecutorial theories of fraud in the year to come, but its harder to predict what the new administration will mean for public corruption prosecutions in 2025, says Cathy Fleming at Offit Kurman.
Government accountability, climate resilience and supporting inclusive economies remain top priorities for leaders around the globe, and stronger public procurement will play a critical role in delivering on them. In 2024, DREAM captured $4bn in projects; it now has over $14bn and counting!
While National Whistleblower Center (NWC) is advocating for seven urgently needed whistleblowers in 2024 , the whistleblower advocacy organization has taken a moment to highlight their major accomplishments in 2023. On February 9, NWC released its annual report for 2023.
All signs point toward another year of blockbuster public corruption prosecutions in 2024, revealing broader trends in enforcement and jurisprudence, and promising valuable lessons for defense strategy, says Kenneth Notter at MoloLamken.
In fact, when the governing law of the arbitration agreement recognizes the validity of ad hoc arbitration agreements, PRC courts may choose to recognize the proceedings conducted under it. In addition, the 2024 Draft Revisions brought back the requirement of an arbitration commission to create a valid arbitration agreement.
July 30 was National Whistleblower Day and whistleblowers, advocates and government officials gathered on Capitol Hill to celebrate. As I stand here today in July 2024 – a long way’s away from the Revolutionary War – the same sentiment remains and must remain.” Leading whistleblower attorney Stephen M.
Around the world, governments are embracing “green procurement” – environmentally sustainable strategies to reduce global greenhouse gas emissions and other forms of pollution. Contractor ¶ 60 (Thomson Reuters, 2024). Strategies In “Green Procurement,” 66 Gov. Planning The first strategy looks to procurement planning.
On 7 June 2024, the Dutch Arbitration Association (“DAA”) held its annual conference (the Dutch Arbitration Day “DAD”). Themed “ Arbitration for the Next Generation ”, this year’s edition highlighted the challenges and opportunities in future arbitral disputes faced by the next generation of arbitrators and practitioners.
Baker McKenzies Canadian international trade and customs team is publishing a series of articles reviewing 2024 trade and customs compliance developments and looking ahead to 2025s burgeoning issues. Market Watch Unit In the 2024 federal budget , the Government of Canada proposed $10.5
The third update of materials for the 2024 Yearbook Commercial Arbitration is available on the KluwerArbitration database, with 29 court decisions from 13 countries. Here are some of the highlights. 19.971 on International Commercial Arbitration, and only complementarily by the Chilean Code of Civil Procedure.
Lire cet article en Français The potential of open data to transform governance and public services is immense, but realizing this potential requires overcoming common obstacles. Advancing data governance and stewardship practices to build trust and enable secure data sharing between departments, including safeguarding privacy.
On the second day of Hong Kong Arbitration Week 2024, Mishcon de Reya in association with Karas So LLP hosted a panel discussion titled “Guarding the integrity of arbitration – Reflections on the landmark English decision in Nigeria v P&ID”.
The 2024 Singapore Convention Week kicked off with a bang on 26 August 2024 with the Singapore International Arbitration Centre (“SIAC”) hosting its flagship SIAC Symposium at the Shangri-La Hotel, Singapore. This was followed by a welcome address from Mr Davinder Singh SC.
The Cairo Regional Centre for International Commercial Arbitration (“ CRCICA ”) issued its latest set of Arbitration Rules 2024 (“2024 Rules”), which enter into force from 15 January 2024. The 2024 Rules are presently available in English and Arabic , with a French version expected to be made available soon.
On May 17, 2024, Guyana passed the Arbitration Act 2024 (Act No. 6 of 2024) (“AA”). The Arbitration Act 2024 (Act No. The IMPACT Justice Project is a Canadian Government funded project intended to effect justice sector reform in the Caribbean.
On June 26, 2024, a 6-3 majority of the U.S. 23-108 (2024) , involved a former Indiana mayor who accepted $13,000 from a garbage truck company after it was awarded city contracts. As a result, the federal government will have less authority to prosecute corruption by state and local officials under this provision.
The National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2024 , signed into law on December 22, 2023, makes numerous changes to acquisition policy. Crowell & Moring’s Government Contracts Group discusses the most consequential changes for government contractors here.
India is wrapping up a 44-day parliamentary election, which was held in seven phases between April 19 and June 1, 2024. We’re defining corruption broadly as any arbitrary use of power,” said Dey. The workshop also highlighted the need for solidarity among various whistleblowers and anti-corruption advocates.
As a consequence of these efforts, the ALRC finalised its draft of the Bill and on 2 May 2024, presented the Bill to the Federal Minister for Law and Justice and recommended for the Government to consider the Bill for its enactment through Parliament. This post discusses the essential features of this Bill.
The Delhi Arbitration Weekend (“DAW”) 2024 that took place from 6 to 10 March 2024 witnessed two back-to-back panels on Investor-State Dispute Settlement (“ISDS”). Subramanian , looked at the state of ISDS in 2024. ISDS in 2024 The Current State of ISDS: A State’s Perspective Justice V. Sundaram (Senior Advocate), J.
In an award dealing with an international sale governed by the CISG and German law , the arbitrator ruled in favor of the buyer. While the contracts specified international commercial rules as governing law, the arbitrator rejected this as an express or implied choice of the CISG.
Recognising this, Templars, a top-tier Nigerian law firm, hosted an event on 6 February 2024, titled “The Role of Arbitration in the Energy Transition in Africa”, as part of the 2024 LCIA West-Africa Roadshow. In February 2024 , Total Energies announced its plan to sell its minority stake in a Nigerian joint venture.
A perception of potential bias and cultural differences has expedited this shift, with local parties, often governments or government entities, insisting on local seats in their arbitration clauses when negotiating contracts. What Is the Future for Arbitration in Africa?
In response to calls for legal reform in Pakistan, the Arbitration Law Review Committee, acting under the auspices of the Law & Justice Commission of Pakistan, has finalized the Draft Bill for the Arbitration Act 2024 (“Draft Law”), following nearly a six-month period of consultation with stakeholders, experts and practitioners.
On the final day of London International Disputes Week 2024 (“LIDW”), LALIVE and Kobre & Kim hosted an event on arbitration and enforcement involving sovereign States. The panel of speakers comprised Andrew Stafford KC and Nicholas Surmacz of Kobre & Kim, as well as Sandrine Giroud and Marc Veit of LALIVE.
As part of the London International Disputes Week 2024 International Arbitration Day, Kirkland & Ellis hosted a “Panel Session on Space – Arbitration for Low Earth Orbit Disputes and Beyond.” the ICC or the LCIA. Instead, such disputes may arise between a private company (or individual) and a State.
As part of the 2024 London International Disputes Week (“LIDW”), Kirkland & Ellis hosted an event titled “ Panel Session on Sanctioned Countries ”. The outcome of these cases will significantly influence the role of sanctions in arbitration and reshape the broader legal framework that governs these disputes.
However, the bill was lost when the 2024 UK general election was called. In July 2024 the new government reintroduced the Arbitration Bill with an important change. A consequence of this principle is that the arbitration agreement may have a different governing law from the matrix contract.
As we reported earlier , the 2024 edition of the Paris Arbitration Week (“PAW”) is the first to count the Paris Court of Appeal among is partners. First, the substantive rule of international law that governs the agreement of parties to arbitrate, and, second, independence of an international arbitral award of any domestic legal system.
Vision 2030 and Beyond: The Role of Arbitration in Saudi Arabia’s Transformation The LIDW 2024 keynote address was followed by a panel discussion on the topic “ Vision 2030 and Beyond: Arbitration’s role in Saudi Arabia’s transformation ”.
The 2024 London International Disputes Week (“LIDW”) was stage to several discussions regarding mass litigations. Europe has been seeing an exponential rise in mass litigation, particularly in the last twenty years, where aspects arising from environmental, social and governance issues have started to become a trend worldwide.
The fifth edition of the Bucharest Arbitration Days (“BArD”) took place on 6 and 7 June 2024. Ziyaeva discussed the UK’s use of anti-suit injunctions to enforce arbitration agreements, highlighting the UK Supreme Court’s April 2024 decision in Unicredit v. The general consensus? Mission accomplished.
On August 1, 2024, Deputy Attorney General Lisa Monaco unveiled the Department of Justice’s new Corporate Whistleblower Awards Pilot Program. government whistleblower program or qui tam action, and they must cooperate with DOJ in subsequent investigations and/or any formal proceedings. View the full article
On 6 June 2024, Hogan Lovells and Twenty Essex co-hosted a London International Disputes Week (“LIDW”) event on the topic “ How Can Investment Protection Contribute to the Energy Transition? “ The event brought together leading experts to discuss the intersection of investment law and the global shift towards sustainable energy.
On 12 March 2024, Judge Ana C. In its defense, the Municipalidad de Lima argued that the contract had become null and void because Rutas de Lima had obtained it through bribing government officials. It found that neither the contract nor the addendum was void due to the corruption allegations. Judge Ana C.
The government needs to think about the local communities, about creating jobs. With a background in banking, finance, and economics, she worked at Rwanda’s Development Board and in the private sector before entering public procurement and she’s a current member of the MAPS steering committee for the period of 2024-2026.
On March 7, 2024, Deputy Attorney General (DAG) Lisa Monaco delivered remarks at the American Bar Association’s 39th National Institute on White Collar Crime announcing a new Department of Justice (DOJ) pilot program that incentivizes whistleblowers to report corporate misconduct by offering monetary rewards.
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