It comes as no surprise that the authorities appear to have caught up with Mossack Fonseca’s founders, Jürgen Mossack and Ramon Fonseca, in Panama City and the firm’s offices raided.… Continue Reading
As noted in my previous post, BOTA has been cited by several major newspapers in recent months as the most successful example that the United States has for accountable, transparent and effective return of recovered corruption assets, and in its final report on the foundation, the World Bank called BOTA “a remarkable achievement.” … Continue Reading
Location: Washington, DC
Description: The Assistant General Counsel for Economic Sanctions will report to the General Counsel for Economic Sanctions in the Corporate Legal Department.… Continue Reading
Maybe. Canada has had a tax whistleblower program for four years, the Offshore Tax Informant Program (OTIP).
The OTIP pays individuals who qualify for the program and provide information to CRA regarding international non-compliance by Canadian taxpayers.… Continue Reading
Typically when there’s a large corporate legal violation or other incident which damages the reputation of the organization, one of the key factors is the failure of the Board to engage in active oversight.… Continue Reading
China recently released a revised draft of amendments to its law governing commercial bribery that would scale back some of the more far-reaching changes in a draft released last year while returning to a broader scope of commercial bribery.… Continue Reading
Consider a salesperson who has reached his bonus cap three months before fiscal year-end. Any achievement after that is not only unrewarded, but is actually penalized in the sense of creating higher future performance expectations and targets.… Continue Reading
Brazil’s Petrobras has approved settlements with four U.S. investors related to an ongoing corruption investigation.