Tag Archives: public sector

UAE introduces new anti-corruption laws with extra-territorial effect

Federal Decree No. 24 of 2018 has amended certain provisions of Federal Law No. 3 of 1987 (the “Penal Code”) to strengthen anti-corruption legislation in the UAE and bring it in line with other jurisdictions by including foreign public officials … Continue reading

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Filed under Announcements, Bribery and Corruption, Corporate Crime, Dubai, Investigations, Sanctions and Money Laundering, Sector Updates by Herbert Smith Freehills

MALAYSIA INTRODUCES NEW LAW TO COMBAT CORPORATE BRIBERY

The Anti-Corruption Commission (Amendment) Act 2018 was passed by the Senate of Malaysia on 5 April 2018. One of the major amendments is the introduction of section 17A. Modelled on the UK Bribery Act’s corporate offence, it penalises commercial organisations … Continue reading

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Filed under Asia, Bribery and Corruption, Malaysia, Uncategorized