Five short years ago, the idea that any serious discussion about global enforcement trends would have to include news from China and India would have been laughable. Those countries stood not for enforcement but for uncontrolled and unpunished graft.… Continue Reading
The Wall Street Journal’s Joel Schectman reported Monday that the SEC is dropping allegations that former executives of the Hungarian unit of Deutsche Telekom bribed officials in Montenegro.
Former Magyar Telekom CEO Elek Straub and two former senior executives, Andras Balogh and Tamas Morval, were accused of bribing Montenegrin officials in 2005 when Magyar gained a controlling interest in privatized Telekom Crne Gore A.D.… Continue Reading
Shanghai-based Wison Engineering Services Co. said Friday that its chairman was arrested by Chinese police for “alleged bribery activity.”
After the Chinese oil-engineering provider was informed of Chairman Hua Bangsong’s arrest through his family, the company issued a statement to the Hong Kong Stock Exchange.… Continue Reading
China’s lawmakers have reviewed a draft amendment to the workplace safety law that will increase oversight, impose harsher punishment, and slap a ban on new projects for offenders.… Continue Reading