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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.
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
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.
. “Whistleblowers have submitted information relating to some of the most pressing policy objectives of the United States, from Iran- and Russia-related sanctions evasion to drug-trafficking to cyber-crimes and corruption.” There is no better way to detect hidden illicit funds than through the cooperation of an insider.
The Senators emphasized that making the program accessible and safe for whistleblowers is vital to maximize the anti-corruption potential of the program. Kohn sees the implementation effective AML regulations as one of the seven most urgently needed whistleblower reforms in 2024. The senators write that “this is unacceptable.”
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!].
The National Whistleblower Day event ( available to rewatch on C-SPAN ) highlighted the contributions and sacrifices of whistleblowers and underscored the importance of continuing the deep American tradition of supporting whistleblowers. Our Founding Fathers knew the importance of rooting out waste, fraud and abuse.
We invite you to join us to gain practical insights and analysis on significant developments across: antitrust and competition export controls, sanctions and foreign investment customs and FTAs anti-bribery, corruption and economic crime ESG, supply chain and product compliance View the detailed agenda for all sessions during the conference.
However, on 4 November 2024, a new draft of the amended PRC Arbitration Law ( 2024 Draft Revisions ) was released by the PRC Ministry of Justice for public comment. In addition, the 2024 Draft Revisions brought back the requirement of an arbitration commission to create a valid arbitration agreement.
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.
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.
This is the fourth post in ICCA’s series of reports on the ICCA 2024 Congress (“Congress”). It reports on the last day of the Congress on Wednesday, 8 May 2024, which looked at the present and into the future to determine how new technologies may shape the human experience in international arbitration.
This is the third post in ICCA series of reports on the ICCA 2024 Congress (“Congress”), which took place in Hong Kong. This post reports on the events of Tuesday, 7 May 2024, the second full day of the Congress. Follow along and see all of Kluwer Arbitration Blog ’s coverage of ICCA Hong Kong 2024 here.
On May 17, 2024, Guyana passed the Arbitration Act 2024 (Act No. 6 of 2024) (“AA”). This development is important on its own but has additional importance given that it was prompted, if not necessitated, by Guyana’s unprecedented oil and gas-induced economic boom. The Arbitration Act 2024 (Act No.
This is the third post in ICCA series of reports on the ICCA 2024 Congress (“Congress”), which took place in Hong Kong. This post reports on the events of Tuesday, 7 May 2024, the second full day of the Congress. Follow along and see all of Kluwer Arbitration Blog ’s coverage of ICCA Hong Kong 2024 here.
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”.
Important discussions on international arbitration are formulated at an ever-increasing number of conferences, symposia, and events; keynote addresses set out thought-provoking proposals; the number of journals and reviews specializing in international arbitration has greatly proliferated; and even online blogs produce short yet interesting posts.
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.
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.
The importance of maintaining pro-arbitration stances within the jurisdictions where they are based was emphasized by all institutions, as well as, relatedly, ensuring the swift enforcement and minimal successful challenges to arbitral awards. This shift offers cost efficiency, broader accessibility, and environmental benefits.
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.
The DIS Autumn Conference , held on 10 September 2024, was the main event of the Berlin Dispute Resolution Days , which took place from 9 to 12 September 2024 and were jointly organized by the German Arbitration Institute (DIS) , the Federal Ministry of Justice , and the Humboldt University in Berlin.
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. She also shared some particularities of the Swiss approach, such as the important distinction between monetary and non-monetary claims.
Following the morning session of the SIAC Symposium 2024, which explored issues including the challenges posed by artificial intelligence (“AI”), climate change, and trade disruption (see Part 1 ), the afternoon session consisted of three plenary panel discussions that delved into the core issues shaping the future of arbitration.
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.
This ICCA Congress had as its theme “International Arbitration: A Human Endeavour,” which highlighted arbitration as a human activity and the importance of arbitration in human society. Referring to his seminal book ( Dealing in Virtue , 1994), Garth discussed the role and importance of people in developing arbitration.
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.
On 19 March 2024, as part of the 8 th edition of Paris Arbitration Week, the Comité Français de l’Arbitrage (CFA) organized a much-awaited and well-attended event on Arbitration, Sports Law and the Olympics, only a few months before the opening ceremony of the Olympic Games Paris 2024. This does not cover field of play matters (i.e.,
The 38th AAA-ICDR-ICC-ICSID Joint Colloquium on May 21, 2024 at the World Bank Headquarters in Washington, D.C. The wide-ranging program covered cutting edge technological innovations and timeless human considerations such as persuasion, corruption, and disability inclusion. The case, thus, represented an unfair arbitral result.
These steps have also been important for intra-African trade. Is the supervision of the English courts still important in light of the Nigeria v P&ID experience for example? What Is the Future for Arbitration in Africa? Or does Africa still have some way to go?
Since 2016, when the first issue of the European Investment Law and Arbitration Review was published, the Review has tracked developments in the new and increasingly important field of European investment law and arbitration. We are also inviting submissions for the Young Practitioners and Scholars Essay Competition 2024.
their risk, value, and terms) whereas from the state’s side, and the write-off of debt to intervene a systematically important bank may be of an existential nature. There are two legal points to preliminary consider: from the investors’ side, the bonds as such must be assessed (e.g.
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.
Today, concurrent with the 75 th anniversary of the Netherlands Arbitration Institute (“NAI”), the new 2024 NAI Arbitration Rules (the “NAI Rules”) will enter into force and be applicable to NAI arbitrations filed on or after 1 March 2024. Hetterscheidt, LinkedIn post, February 2024 ).
Germany Ms Baumann first discussed the draft arbitration bill presented in February 2024 by the German Federal Ministry of Justice. However, it was important to bear in mind that the new law only applied to international commercial arbitrations, and not domestic arbitrations to which the old law would still apply.
On March 14, 2024, the 3rd California International Arbitration Week featured an event titled ‘Resolving Tomorrow’s Conflicts Today: An In-House Perspective on Technology Disputes from the Tech Mecca,’ organized by California Arbitration and the California Lawyers Association and hosted at JAMS. The session, moderated by Hon.
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.” While this has changed, State and State-controlled actors remain important players in the industry. However, Ms. the ICC or the LCIA.
This post summarizes an event hosted by Stewarts LLP as part of the 2024 London International Disputes Week (“LIDW”) on the topic of third-party funding (“TPF”) regulation across various jurisdictions. Mulheron emphasized the importance of including both financial and prudential aspects in such a regulatory regime.
Paris, amidst its annual Arbitration Week in 2024 , saw the convergence of arbitration practitioners and enthusiasts at the Hyatt Paris Madeleine for the conference “The Rise of Arbitration in Asia,” a testament to the region’s expanding arbitration influence, convened by Rajah & Tann Asia.
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. She specified that these principles are applicable irrespective of the legal seat of arbitration.
The next event takes place in Hong Kong on 22 October 2024. She brings national and international experience in leading disputes practices in Melbourne and in Paris as well as valuable in-house experience at the front end of projects and the back end of disputes in construction and energy—two of the most important industries at ACICA.
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.
He emphasized SVAMC’s efforts drafting the first ever guidelines of their kind setting standards to the ‘responsible use of AI in ADR’, and the importance of these guidelines in building a consensus around the regulation of AI in ADR within the broader global community.
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