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I recently provided comments for an article in the Anti-Corruption Report examining recent Department of Justice (DOJ) settlements under the Foreign Corrupt Practices Act (FCPA). In two of the settlements, U.K.-based
( Click the image to play the video ) 2024 marked a year of enhanced enforcement and further protections for Canadian domestic industries as well a procedural changes for importers and exporters in respect of self-reporting anti-dumping duties and obtaining normal values.
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 our survey, Heads of Procurement ranked supply chain fair labor practices (68% of respondents) and preventing bribery and corruption (52%) as a high priority in their CSR endeavors. Notably, 43% of our respondents also identified visibility into their sub-tier suppliers as an important strategy.
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.
In instances of active waste, such suboptimal decisions are motivated by personal gain, as exemplified by corruption. For LAC countries, digital technologies can be an important ally in achieving this balance. This continuous data flow strengthens public trust by minimizing corruption risks and reaffirming a commitment to transparency.
The Court found that it was very important to both parties, but: “perhaps even more to the applicants, who are not based in this country, that the selected arbitrator not have a professional or personal relationship with either party or their counsel” (para. Halliburton is likely well-known to readers of this blog.
This Blog has previously discussed whether ad hoc arbitration will truly take root in the country ( see The turn to fact or fiction: ad hoc arbitration in the draft amendment to PRC Arbitration Law ). The latest 2024 Draft Revisions essentially confirm the existing regime for ad hoc arbitration in China, rather than expanding its scope.
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.
This post was first published on Water Integrity Network’s blog. The latest Water Integrity Global Outlook highlights how the global water and sanitation sectors are notoriously opaque and vulnerable to corruption. Yet, the report highlights that “Procurement is the site of the greatest corruption in public expenditure.”
This blog post will consider how this question is dealt with under Indonesian law. The Indonesian Supreme Court has reached similar conclusions in subsequent cases, as discussed in a previous blog post. The importance of the subject matter of the claim has been confirmed by several court decisions (e.g.,
This blog post examines the said decision. Relevant decisions have been previously examined in a previous blog post here. 1514/2022 (Commercial) (also discussed in a prior blog post ). Two decisions issued recently adopted a different approach. In the first decision, the Dubai Court of Cassation (“DCC”) Judgment No.
Mitigating risk is one of the most important responsibilities an organization’s finance leader has. In this blog post, we’ll take a look at the risks inherent in public sector procurement and why finance leaders should care. Evaluations are unintentionally corrupted. Evaluations are deliberately corrupted.
In this blog post, we explain our empirical study of post-award actions in U.S. Whatever the reason for the high rate of uncontested outcomes, we believe they are an important feature of parties’ post-award conduct. This blog post is based on our article, Challenging and Enforcing International Arbitral Awards in U.S.
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.
Written by Isabelle Adam and originally published on the ACE-Global Integrity blog. For years, the benefits of transparency as a policy tool to increase accountability and counter corruption have been lauded. Differing leadership approaches The two leaderships have quite different approaches to anti-corruption overall.
This blog is based on a speech delivered by Open Contracting Champion, David Riveros García, at the World Bank’s inaugural GovTech Global Forum focused on “Governance in the Digital Era” this May. I work in anti-corruption, leading an organization that focuses on the education sector in Paraguay.
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. The Review will continue to feature long and short articles as well as case notes and book reviews.
Following compliance guidelines is an important part of what a procurement agent does. By adhering to guidelines, they can ensure that their department is free from ill-advised spending, corruption, and fraud. Here are the top five compliance traps that procurement agents should be aware of, and some tips to avoid them: 1.
In line with the Blog’s tradition of “year-in-review” series, this post looks back at some of the key investor-State arbitration developments that took place in Europe in 2023 as we covered them on the Blog (for relevant previous Year-in-Review coverage, see here and here ). They remain an important battlefield for all relevant issues.
This has important implications for tax policies currently applied in countries, forcing governments to re-evaluate current tax rates and incentives to attract foreign investments. Ensuring ease of doing business by simplifying bureaucracy and regulations, combating corruption, and advancing research and development.
Welcome to the Kluwer Arbitration Blog, Ms. This achievement will mark an important milestone in my professional career as I will become the first licensed to practice in both Bulgaria and South Africa. This interview is part of Kluwer Arbitration Blog’s “Interviews with Our Editors” series.
While there is progress to be made in the thought leadership space and in ensuring greater independence from governments, Professor Rajoo considered the conference as an important opportunity “ to contribute to the collective momentum propelling us towards groundbreaking advancements in the field of arbitration” in Asia.
As discussed in a previous blog post , while some jurisdictions still require awards to be signed by wet ink signatures, many seem to accept electronic signatures. One could assume, based on this provision, that a signature is required on the last page of the award where it is usually placed at the signing page. 42 of 2022.
On the issue of limitations of AI, Moloo contributed by noting the importance of human input. Follow along and see all of Kluwer Arbitration Blog ’s coverage of ICCA Hong Kong 2024 here. These demonstrations give users a better understanding of the potential of AI and of its limitations.
The discussion also addressed limitations to human cognitive skills, including the average attention span and the importance of engaging visuals. Follow along and see all of Kluwer Arbitration Blog ’s coverage of ICCA Hong Kong 2024 here.
The discussion also addressed limitations to human cognitive skills, including the average attention span and the importance of engaging visuals. Follow along and see all of Kluwer Arbitration Blog ’s coverage of ICCA Hong Kong 2024 here.
In view of these developments, this blog post intends to analyze the feasibility of multilateral investment treaty (MIT) negotiations. MIT could be a good solution to some of the important problems encountered within the current system of investment protection and dispute settlement. Would a Multilateral Investment Agreement be Useful?
This blog post analyzes the latest developments under the 1958 New York Convention (“ Convention ”), including international precedents, and relevant Pakistani law on the recognition and enforcement of interim, foreign arbitral awards in Pakistan. Damietta International by the Cairo Court of Appeal (as discussed in a prior blog post ).
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.
The substantial award at issue is of a particularly high value and fraud and corruption elements arise in both the procurement of the underlying contracts and also the awards themselves. Moreover, the rarity of successful challenges under Section 68 of the EAA amplifies the importance of this judgment.
These steps have also been important for intra-African trade. The Act is further discussed in the blog by Laura Alakija here and the advantages and drawbacks of the award review tribunal are explored in some depth in the blogs by Abayomi Okubote, Aisha Suleiman , and Ibrahim Ati here and Isaiah Bozimo here.
He emphasised the importance of arbitration to business and society, particularly owing to the present burden on the courts. Moreover, Denmark is number 1 in the latest indices for the rule of law and perceived lack of corruption , and number 3 in the UN SDG index, which add to the attraction of Danish arbitration.
It is now important for the Centre to show that it is independent and efficient with a commitment to promote ADR services in Asia and beyond. Previously in our blog , there have been discussions concerning whether certain changes should be made to the Malaysian Arbitration Act.
Rather quickly, the panelists agreed that, as the complexity of an arbitration increases, the contribution of a tribunal secretary can be key to ensuring a cost-effective arbitration by off-loading from tribunal members time-consuming tasks with no import on the disposition of the parties’ dispute. As Popplewell J.
Some have emphasized the importance of empathy and human interaction in dispute resolution , something that AI is not capable of, even if it can be programmed to replicate human emotional responses. While all these risks are worthy of further exploration, this blog post will address one particular risk – that of the “black box” problem.
Shaima Aljubran, as previously reported on this blog. Vision 2030 highlights the importance of providing equal opportunities for men and women in all sectors. Subsequently, in 2016, the Administrative Court of Appeal in Dammam confirmed the appointment of the first Saudi woman as an arbitrator in a commercial dispute in KSA, Ms.
If the title of this blog scared you, it was meant to. Professor Scherer rightly concludes that “[t]he need for reasoned decisions is therefore likely to be an important barrier to AI-based legal decision-making.” Their starting point is that professional service providers need to ask themselves what their clients really want.
The panel considered there to be benefits in sport-specific issues, including transgender participation in sport, safe-guarding and governance issues, being arbitrated by expert sports tribunals, but noted the importance of developing transparent precedent in this area given the public importance.
Fernando Marcondes discussed the importance of contract planning, emphasizing that it is essential for pricing and execution. Hemmingsen highlighted the importance of considering case law in the construction’s location, as the definition of damages can vary by country. She cited an ICC case Refinería de Cartagena S.A.S.
However, it poses some of the most important practical and conceptual questions as to how deepfake video AI technology might affect the practice of international arbitration, in particular in the context of remote hearings today and into the future.
This blog post addresses the risks arising therefrom and suggests measures to mitigate them. They do so by importing foreign legal concepts into Brazilian law, without due consideration to the potential implications arising from their practical application. Article 63, ss.
Mr. Vasconcellos stressed the importance of carefully drafting these clauses to avoid interpretative confusion in case of disputes. She emphasized the importance of precise language to avoid ambiguities. Follow along and see all of Kluwer Arbitration Blog’ s coverage of CBAr 23rd International Arbitration Conference here.
Such disputes are increasingly complex and evidence-heavy, and the panel agreed on the importance of Procedural Order No 1 (PO1). The importance of honest and accurate advice, including on the probabilities of success, was also stressed. Posthuset ), the home of the Stockholm International Hearing Centre (SIHC).
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