A globally coordinated day of enforcement action — involving sharing of evidence and intelligence, and information collection activities such as search warrants, interviews and subpoenas — against suspected offshore tax evasion orchestrated by a Central American financial institution was undertaken last week by the Joint Chiefs of Global Tax Enforcement (J5) from the United Kingdom, United States, Canada, Australia and the Netherlands.… Continue Reading
Reuters reports that a number of former Australian judges have sent an open letter to Prime Minister Scott Morrison, calling for the establishment of a national anti-corruption body.
They believe that such a body would go some way to restoring public trust in the country’s democratic process.… Continue Reading
The Institute of Business Ethics has expanded its Ethics at Work survey to cover Australia and New Zealand (in addition to Europe), and surveyed over 2,000 employees to provide insight into employees’ views on ethics across all sectors and job roles.… Continue Reading
The UK Serious Fraud Office said Tuesday it has brought more charges against two individuals already facing trial as part of the Unaoil investigation.
Basil Al Jarah and Ziad Akle were both charged last week with conspiracy to give corrupt payments.… Continue Reading
Almost all major international bribery cases involve third parties, typically commercial agents who pass on part of their commissions to government officials as bribes. As demonstrated by Richard Bistrong’s recent post, the relationship between these agents and their international clients is often psychologically complex.… Continue Reading
The Australian government has tabled a series of new laws covering foreign bribery and other economic offenses. If these are passed into law, as we expect, they will make it much easier to prosecute companies for bribery offenses committed either at home or abroad.… Continue Reading
There have been only two foreign bribery prosecutions in Australia — one involving banknote printing companies Securency and Note Printing Australia, and another involving the construction company Lifese.
Why so little enforcement activity?… Continue Reading
A few weeks ago, I had the opportunity to learn about the inner workings of the International Foreign Bribery Taskforce (IFBT). Not familiar with the IFBT? It doesn’t get a lot of attention.… Continue Reading
A former manager of a polymer banknote manufacturer was convicted Wednesday in London of four counts of making corrupt payments to a foreign official.
Peter Chapman, 54, used to work for Innovia Securency PTY Ltd.… Continue Reading