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UN’s first ever resolution on public procurement: what makes it strong and what’s still missing

Open Contracting Partnership

At 2 am on Saturday morning, the day after the 10th Conference of the States Parties to the UN Convention against Corruption (UNCAC) was meant to end in Atlanta, exhausted negotiators finally adopted a resolution on “ Promoting transparency and integrity in public procurement in support of the 2030 Agenda for Sustainable Development ”.

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Raytheon to Pay $950 Million in Major FCA and FCPA Case Aided by Whistleblower

Whistleblower Network News

authorities announced major settlements with defense contractor RTX (formerly known as Raytheon Technologies Corporation) over allegations that the company violated both the Foreign Corrupt Practices Act (FCPA) and False Claims Act (FCA). On October 16, U.S. Department of Justice (DOJ) announced a $950 million settlement while the U.S.

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

Kluwer Arbitration

The 2014 Law on Foreign Investment applied exclusively to foreign investors and their investments and contained most of the investment treaty standards of protection, including advance consent to arbitration in case of disputes. In doing so, it effectively integrated international standards into national law.

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Worley International Services v. Ecuador: The What, When and How in Corruption Allegations

Kluwer Arbitration

On its part, the Respondent raised several objections to the jurisdiction of the Tribunal, specifically pointing to several instances of corrupt and illegal acts allegedly committed by Worley at the making and during the operation of the investment. Worley may have willfully failed to monitor and investigate Tecnazul’s corrupt activities.

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Time to Listen and Act: Settlement Facilitation in Arbitration

Kluwer Arbitration

This would encourage the companies’ management to manoeuvre settlement negotiations with more confidence once the arbitration has commenced. Discussing settlement windows when establishing the procedural timetable will encourage all parties and tribunal members to consider settlement negotiations and facilitations at an early stage.

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SNDY Announces Whistleblower Program but Advocates Express Concern

Whistleblower Network News

Worse still, the DOJ has indicted and aggressively prosecuted highly qualified whistleblowers, even whistleblowers who have been recognized by other federal agencies for their contributions in fighting corruption and crime.” ” “Our experience with DOJ has been mixed.

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What is Ethical Procurement and Why is it Important?

Oxford College of Procurement and Supply

Bribery This involves special consideration or support for certain candidates during contract negotiation or supplier evaluation in return for illicit payments or other incentives. In this post, we explore what ethical procurement means and why it is so important. What is Ethical Procurement? Why is Ethical Procurement Important?

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