Schema-Root.org logo

 

  cross-referenced news and research resources about

 corporate criminals

Schema-Root.org logo
images:  google   yahoo YouTube
spacer

updated Fri. March 16, 2018

-
On March 1, 2018, DOJ attorneys, speaking at the ABA's annual White Collar Crime Conference, indicated that DOJ may consult the FCPA Corporate Enforcement Policy for guidance in other areas of corporate criminal prosecution when assessing whether voluntary self-disclosure may justify declination.
These are just two of Bloomberg's five "Most Read" stories this morning. Switch to the Financial Times and Vasant Prabhu, the chief financial officer of Visa - the world's biggest payment network by market value - is quoted as saying the cryptocurrency is used by "every crook and dirty politician" and ...

A new Penal Code (the "New Penal Code") came into effect in Vietnam on January 1, 2018. Important for foreign and domestic investors alike, the New Penal Code introduces a number of provisions on corporate criminal liability and anti-corruption, increasing the risks for businesses in the country.
"Throughout my criminal law practice, studies and procedures, there is a principle under Corporate Criminal Liability which we are yet to introduce into our jurisprudence in Ghana. What normally happens is that if someone works with a company and has committed a crime in the name of that company, you ...
This case is of considerable importance in emphasizing not only the appetite of the U.K. authorities to pursue corporate prosecutions, but also the high hurdle to be satisfied in order to achieve "adequate procedures" and to avoid corporate criminal liability, which can be additional to individual liability in ...
The regular reporting of corporate criminality is now a common sight in recent times. Cases such as the Rolls Royce deferred prosecution agreement, which resulted in a penalty of £497.25 million made national news. Likewise, the recent sham football apprentice case, which led to conviction for a £5 ...

The Canadian government has announced the results of its public consultation on corporate criminal wrongdoing and enforcement, which received written submissions from businesses, individuals, NGOs, and law firms, including Baker McKenzie. The government revealed that a majority of participants in ...
The New Penal Code also introduces corporate criminal liability for a variety of crimes. Importantly, however, corporate criminal liability does not extend to corruption in the new law. For both private-sector and public-sector corruption offenses, only individuals can be punished. With that in mind, the law ...
"Many businesses are not taking the issue seriously enough. This is a risky strategy as one rogue individual could expose the business to serious adverse publicity and a criminal conviction could prevent a business from bidding for government contracts," Catherine Robins said. Two new offences were ...
Since 2 March 2018, corporate criminal liability law (Law 27,401) is in force. Legal entities will be subject to sanctions in these offenses against the Public Administration and/or corruption: (i) national and transnational bribery and influence peddling; (ii) improper and unlawful transactions of public officials; ...
While full prosecution against corporations remains available to prosecuting authorities, the DPA has become an established regulatory tool in the United States and is now an emerging tool for prosecutors in Europe, through which authorities have sanctioned corporate criminal conduct. Depending on the ...
Peruvian prosecutors have raided the offices of three construction companies as part of a major bribery investigation - just 12 days after the country introduced corporate criminal liability for corruption and money-laundering. New criminal liability law gives Peru's prosecutors the tools to tackle corruption ...
A DPA may also limit the negative effects of corporate criminal behaviour on innocent people, such as employees, and others reliant on the future of a company, said Assistant Professor Eunice Chua of Singapore Management University (SMU). If a substantial penalty is part of the agreement's terms, ...
The government's response to its Call for Evidence on corporate criminal Liability is expected in early 2018. The two new corporate offences of failing to prevent the facilitation of tax evasion, which came into force on 30 September 2017, may reduce the need for a wider form of liability. Moves to introduce ...
A comprehensive New Penal Code came into force in Vietnam on 1 January 2018. This covers a wide range of crimes, including bribery and related offences. The New Penal Code substantially expands the range of offences, including regulating bribery within the private sector and introducing corporate ...
The new policy contains a clear roadmap for avoiding corporate criminal liability that corporate counsel would be wise to follow. The Foreign Corrupt Practices Act of 1977, 15 U.S.C. Section 78dd-1 et seq. (FCPA) makes it unlawful for an "issuer" or "domestic concern" defined by the act to make payments to ...
In Switzerland, statistics show a trend where increasing numbers of corporate entities face prosecution. While corporate criminal liability has existed since 2003, it has never been applied as often as nowadays. In cases such as HSBC, Petrobras, 1MDB and more recently Addax, criminal authorities show a ...

In order to adroitly address the abhorrent and harmful tandem of 'corporate criminal liability' and 'gambling-related criminality' Macau ought to carve out the foundations of a proper and sound legal framework of corporate criminal liability." Hugo Luz dos Santos argues that "Macau should follow the ...
Law 27,401 was published today in the Official Gazette (the Law), by means of which it will impose sanctions to legal entities for offenses against the Public Administration and/or corruption, such as national and transnational bribery and influence peddling, improper and unlawful transactions of public ...
Law Nº 27,401, establishing a specific regime on corporate criminal liability in Argentina, was published in the Official Gazette on 1 December 2017, and will become effective on 1 March 2018.
A MAN has been banned from using YouTube after branding Paisley Sheriff Court "a corporate crime lab" filled with "corporate criminals" on the video ... he would obtain a picture of Sheriff Tom McCartney and attach it to the video, and called a children's reporter "a corporate criminal" and "a lying b****".
tax expert Penny Simmons of Pinsent Masons, the law firm behind Out-Law.com, said, however, that with the introduction of new corporate criminal tax evasion offences, individuals or businesses based in these locations would be likely to become subject to additional scrutiny when working with UK ...
Criminal investigations and prosecutions of both entities and their directors are on the increase across Europe and elsewhere. Strict liability offences under the new UK Criminal Finances Act 2017, which make companies and partnerships criminally liable if they fail to prevent tax evasion by an associated ...
The National Congress finally approved the Law on corporate criminal Liability (the Law) for corruption offenses. Criminal offenses listed by the Law. Legal entities may be sanctioned for the following corruption offenses: (i) national and transnational bribery and influence peddling, (sections 258 and 258 ...
The setting up of a whistleblowing scheme is now mandatory in Italy for both private and public entities, but what needs to be done? Italy already provides a very stringent regime of corporate liability. The sole available defence against potential corporate criminal liabilities is to adopt an internal corporate ...
It also likely explains much of the attention aroused by a recent book about how the DOJ lets corporate criminals off easy. "The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives," by Jesse Eisinger, makes the case that Federal Prosecutors are afraid to take complicated white-collar ...
Judge William Young in Boston last week tossed a corporate criminal settlement between the Justice Department and the pharmaceutical company Aegerion, a unit of Novelion Therapeutics, and sent the case to trial. Aegerion developed a drug, Juxtapid, to treat high cholesterol in patients with a rare ...
One of the few cases involving corporate criminal liability to have resulted in a successful prosecution and subsequent conviction is the case against Guus Kouwenhoven. A Dutch national, Kouwenhoven was convicted in his capacity as director and president of two of the largest timber companies in Liberia ...
I have been teaching introduction to sociology for more than 30 years, and each semester I point out a glaring and disturbing fact when covering the chapter on deviance. I present data indicating that corporate criminals and criminal corporations rob, kill and injure, and cause psychological harm far more ...
The monitoring of the implementation of the Council of Europe Convention on Action against Trafficking in Human Beings shows that, in general, the respective legislation for corporate criminal liability already largely exists in the States' Parties. However, application of the legislation seems to lag behind, since relevant ...
The Boston law firm Murphy & King is starting a practice focused on corporate criminal matters and internal investigations, led by a veteran lawyer newly hired from Greenberg Traurig. Dan Rabinovitz has joined the firm as a shareholder after two years at Greenberg. Rabinovitz has spent time at several ...
The U.K.'s Criminal Finances Act 2017 (the "Act"), which went into effect on Sept. 30, 2017, significantly expands the U.K.'s ability to prosecute the criminal facilitation of tax evasion. Under the Act, a "relevant body" -- which is defined to include fund managers -- may be held criminally liable for failing to ...
These corporate criminal Offences apply to direct (e.g. corporation tax) and indirect taxes (e.g. VAT) and to both UK and overseas companies, providing that the latter carries on some part of its business in the UK. This point is key - for example, a multinational pharmaceutical company incorporated overseas with a branch ...
The new Law on corporate criminal Liability for corruption offences is approved and now companies should take the appropriate measures in order to prevent and detect possible corruption crimes committed in their workplace. Author: Fernando Goldaracena, Vanina Caniza and Luis Dates November 12, ...
The National Assembly amended the 2015 Penal Code and introduced corporate criminal liability for certain violations and commercial bribery.
With effect from 30 September 2017, the Criminal Finances Act 2017 (the "Act") introduced (amongst other things) two new corporate criminal ...
Even the slightest risk of corporate criminal liability under the Criminal Finances Act 2017 will effect a behavioural change in favour of less ...
A key theme is the lack of transparency around offshore tax arrangements which will sharpen the focus on the new corporate criminal offence of ...
A new criminal offence of corporate failure to prevent the facilitation of tax evasion came into force on 30 September 2017. Having reasonable ...
LEGAL UPDATE: From 30 September 2017 it is a criminal offence in the UK if a business fails to prevent its employees or any person ...
Birketts, the full service law firm based in East Anglia, has announced the appointment of Simon Caltagirone as a Senior Associate in its ...
As the UK turns its attention to building trade links around the world and prepares for a future outside the EU, the need to maintain a reputation ...
"To assess this claim, we first identified the types of qualitative information released by corporate criminal settlements that could lead interested ...
In the past 18 months we have seen two new Acts aimed at combatting financial crime (including the creation of two new corporate criminal ...
"Macau should pay close attention to the intrinsic linkage between 'corporate criminal liability', 'organised crime' and 'economic-related criminality'," Hugo Luz dos Santos, a magistrate with the Portuguese Public prosecutor's Office, now residing in Macau, told Macau Business. Mr. Santos quotes recent surveys, saying "the ...
"Dawn raids" by HM Revenue and Customs (HMRC) on businesses and individuals are likely to remain high following the entry into force of ...
It has now been confirmed that, as expected, legislation providing for new corporate criminal offences of failure to prevent the facilitation of tax ...
Legislation has been passed introducing a new corporate criminal offence which will be effective from 30 September 2017. The offence is of ...
In Director of the Serious fraud Office v Eurasian natural resources corporation Ltd, the UK High Court considered the Serious Fraud Office's ...
It has now been confirmed that, as expected, legislation providing for new corporate criminal offences of failure to prevent the facilitation of tax ...


 

news and opinion


 


 


 


 


schema-root.org

   criminal
    criminals
      corporate

criminals:
      corporate
      gangsters
      kidnapping
      poachers