Tag Archives: Corruption

Corporate Crime monthly update – September 2017

Welcome to the September 2017 edition of our corporate crime update – our round up of developments in relation to corruption, money laundering, fraud, sanctions and related matters. Our update now covers a number of jurisdictions. For the full update on each … Continue reading

Leave a Comment

Filed under Corporate Crime, Herbert Smith Freehills, Regulatory Reform, Sanctions and Money Laundering

Herbert Smith Freehills assists with first prevention of corruption clause in Olympic Games host city contract

Sylvia Schenk, a consultant in our Frankfurt disputes team, has worked with global anti-corruption NGO Transparency International to secure the first prevention of corruption clause in an Olympic Games host city’s contract. The International Olympic Committee (IOC) announced on 31 … Continue reading

Leave a Comment

Filed under Announcements, Bribery and Corruption, Herbert Smith Freehills

Corporate Crime Monthly Update – August 2017

Welcome to the August 2017 edition of our corporate crime update – our round up of developments in relation to corruption, money laundering, fraud, sanctions and related matters. Our update now covers a number of jurisdictions. For the full update on each … Continue reading

Leave a Comment

Filed under Bribery and Corruption, Corporate Crime, Herbert Smith Freehills

INDONESIAN AUTHORITIES INVOKE CORPORATE LIABILITY PROVISIONS FOR THE FIRST TIME

Indonesia's Corruption Eradication Commission (KPK) has named a corporate suspect, publicly listed PT Duta Graha Indah (DGI), concerning alleged corruption in the construction of a state university hospital in Bali in 2010. This is a first for the KPK, acting … Continue reading

Leave a Comment

Filed under Bribery and Corruption, Indonesia

Corporate Crime Monthly Update – July 2017

Welcome to the July 2017 edition of our corporate crime update – our round up of developments in relation to corruption, money laundering, fraud, sanctions and related matters. Our update now covers a number of jurisdictions. For the full update on each … Continue reading

Leave a Comment

Filed under Bribery and Corruption, Corporate Crime, Herbert Smith Freehills

Former Chief Secretary and property tycoon lose appeal in Hong Kong’s highest profile corruption case

The convictions of former Chief Secretary of Hong Kong, Rafael Hui, former Sun Hung Kai chairman, Thomas Kwok, and two others have been upheld by Hong Kong's Court of Final Appeal. The appellants have resumed serving their sentences for conspiracy to commit … Continue reading

Leave a Comment

Filed under Bribery and Corruption, Hong Kong

US Senate approves Russia sanctions amendment

A bipartisan US Senate coalition has approved a wide-ranging package of new Russia-related sanctions as an amendment to the Countering Iran's Destabilizing Activities Act of 2017 ("S.722" or "Iran Sanctions Bill") currently pending before Congress. The changes contemplated by these provisions-dubbed-Countering … Continue reading

Leave a Comment

Filed under Sanctions and Money Laundering, US

Corporate Crime Monthly Update – June 2017

Welcome to the June 2017 edition of our corporate crime update – our round up of developments in relation to corruption, money laundering, fraud, sanctions and related matters. Our update now covers a number of jurisdictions.

Leave a Comment

Filed under Bribery and Corruption, Corporate Crime, Investigations, Sanctions and Money Laundering

Criminal Finances Bill receives royal assent

The Criminal Finances Bill 2016-17 received royal assent on Thursday 27 April. The Criminal Finances Act 2017 (the Act), which has not yet come into force in its entirety, will introduce two new corporate offences of "failure to prevent facilitation … Continue reading

Leave a Comment

Filed under Corporate Crime, Sanctions and Money Laundering, UK

Hong Kong court convicts and sentences former Chief Executive

Last Friday, the former chief executive of Hong Kong, Donald Tsang Yam-kuen, was convicted by a criminal court on a charge of misconduct in public office. This is a first-of-its-kind conviction and again signals the willingness of Hong Kong's Department … Continue reading

Leave a Comment

Filed under Asia, Bribery and Corruption, Corporate Crime, Hong Kong