In the last year, the Singapore Corrupt Practices Investigation Bureau (the “CPIB”) has enthusiastically enforced its anti-corruption laws where the alleged gratification accepted was in the form of sexual favours.
Time to Check Your Distribution Agreements?
March 14, 2013
It might be time to review your company’s distribution agreements to ensure they comport with antitrust laws.
Don’t Get Tangled Up With Interlocking Directorates
January 4, 2013
Every so often, a company gets wrapped up in interlocking directorate trouble. When that happens, companies come under the antitrust microscope of the Federal Trade Commission and Department of Justice…
A Compliance Management System: What The CFPB Says You Need ….
November 21, 2012
The Consumer Financial Protection Bureau’s recent report gives companies a chance to see if their compliance programs are up to snuff…
Chocolate to Chai: Developing a Culturally Appropriate Keyword Search List
October 26, 2012 with Yu Bing
In conducting internal investigations of suspected corrupt conduct occurring outside the United States, one of the challenges is developing a keyword search that will surface bribery in all of its myriad expressions. Beyond including local language translations, the “hit list” must also include local slang and culturally nuanced expressions, in addition to company and industry specific jargon in order to isolate responsive documents amongst the millions of documents often collected in these investigations.
AML Compliance Challenges for Casinos in Asia Pacific
August 3, 2012
Keeping the cards close to the vest is not the best strategy for casinos trying to avoid being used as money laundering outlets. Rather, transparency trumps secrecy. This is particularly true for casinos operating in the Asia Pacific region.
A Dozen Chances to Do It Right: Decision Points for Export Compliance
May 5, 2012 with Erica Dillon
When investigators are forming their view as to whether a non-U.S. company should be criminally prosecuted for violations of U.S. export controls and economic sanctions, they examine the company’s choices at key decision points. Clifford Chance’s Wendy Wysong, along with Erica Dillon, provide 12 decision points to examine.
Private Sector Bribery In Asia Pacific: Where Are We?
March 20, 2012 with Charles-Henri Boeringer
Clifford Chance’s Wendy Wysong and Charles-Henri Boeringer take a look at the current state of private sector bribery in Asia Pacific.
Under-Criminalisation of Foreign Bribery in Asia Pacific
February 15, 2012 with Charles-Henri Boeringer
Countries signing on to the United Nation Convention Against Corruption (UNCAC) are required to enact laws to criminalize bribery of foreign public officials. All of the Asia Pacific countries (except North Korea) have signed the UNCAC, and yet, only a small minority of them have enacted a specific criminal offense covering bribery of foreign public [...]
The Asia Pacific Top 10 FCPA Cases of 2011
January 17, 2012
Continuing to focus an unblinking eye on the Asia Pacific region, U.S. anti-corruption enforcement authorities resolved 10 investigations in 2011 against companies operating in that region under the Foreign Corrupt Practices Act (FCPA). This may not be a surprise considering the corruption risk ranking that many Asia Pacific countries share, according to Transparency International (Indonesia [...]
