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Advocates Stress Importance of AML Whistleblower Rulemaking in Anti-Corruption Efforts

Whistleblower Network News

Treasury Department and Financial Crimes Enforcement Network (FinCEN) to craft regulations for the recently established Anti-Money Laundering (AML) Whistleblower Program that are consistent with the United States’ global anti-corruption agenda. s anti-corruption agenda.

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Leading Whistleblower Attorney Addresses UN Human Rights Council

Whistleblower Network News

whistleblower attorney is in Geneva, Switzerland to address the United Nations Human Rights Council , highlighting the essential role of whistleblowers in defending human rights and fighting corruption worldwide and stressing the importance of stronger legal frameworks. On September 11, Stephen M.

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5 Lessons From Ex-Vitol Trader's FCPA Conviction

Government Contracts

The recent Foreign Corrupt Practices Act and money laundering conviction of former Vitol oil trader Javier Aguilar in a New York federal court provides defense takeaways on issues ranging from the definition of “domestic concern” to jury instruction strategy, says attorney Andrew Feldman.

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International Trade Enforcement Roundup – August 2023 Update

GovCon & Trade

million to settle allegations it violated the Foreign Corrupt Practices Act (FCPA) when its Chinese subsidiary paid for travel and associated recreational activities of Chinese officials employed at state-owned healthcare facilities. The case revolves around the definition of “U.S. There were also a few China-related actions.

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ITA Roundtable at UNCITRAL Working Group III: Draft Provision 17 and the Denial of Benefits Clause

Kluwer Arbitration

Similarly, the CETA , the Indian Model BIT and the Dutch Model BIT offer some definitions of “substantial business activity” and “control”. Likewise, breaches of law and issues of corruption normally could not be identified by the State before the dispute was notified. The participants look forward to the next edition in January 2025.

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The Story of India’s “First Whistleblower:” Stalled Progress in the Wake of Satyendra Dubey’s 2003 Murder

Whistleblower Network News

Satyendra was murdered over 20 years ago upon exposing corruption involved in the construction of India’s largest highway project at the time, which resulted in poor quality of work and the looting of public money. Many think of a specific name of a whistleblower whose story became a national sensation.

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Evolution of Kosovo’s Investment Arbitration Law: Defining the Foreign Investor and the State’s Role in Arbitration

Kluwer Arbitration

Notably, it broadens the definition of foreign investors while removing the principle of dual nationality, eliminates open consent to arbitration, and grants Kosovo the right to seek compensation for damages caused by investors.