The UK Serious Fraud Office obtained a declaration that certain documents prepared during investigations by solicitors and forensic accountants into the activities of a UK-incorporated multinational corporation were not subject to legal professional privilege.
Singapore launched the Singapore Standard ISO 37001 on Anti-bribery management systems on 12 April 2017, following a public consultation.
Since the Personal Data Protection Act came into force on 2 July 2014, the Personal Data Protection Commission has published a number of enforcement decisions taken against 22 organisations for breaching various obligations under the Act.
If a company’s lawyers interview the company’s employees as part of an internal investigation, can legal advice privilege protect the contents of the interview and any notes taken by the lawyers from later disclosure to a regulator or in subsequent court proceedings?
A Singapore court approved the extradition of a Singaporean and a Malaysian with permanent residency who face charges of conspiring to defraud, using electronic or wire communication to obtain money and property fraudulently, and submitting false claims to the U.S. Navy.
In March 2016, the San Diego Federal District Court sentenced a Singaporean man to 63 months’ imprisonment for knowingly and intentionally conspiring with others to defraud the U.S. Navy by obtaining the payment of false and fraudulent claims.
In February 2016, 12 countries signed the Trans-Pacific Partnership Agreement. We highlight in this post TPP standards on anti-corruption as well as the potential implications on Singapore and Malaysia,
This article provides a brief overview of the recent anti-corruption developments in the Asia-Pacific region in the first half of 2015. As a whole, the region has seen an increase in enforcement actions. Whilst much of this can be attributed to the continued heightened enforcement of the Foreign Corrupt Practices…
The Monetary Authority of Singapore (“MAS”)(Amendment) Bill, passed in Parliament on 11 May 2015, provides MAS with greater supervisory powers over financial institutions and more extensive cooperation between MAS and its foreign supervisory counterparts. This amendment was accepted from the proposed revisions in MAS’ Consultation Paper P009-2014, as referred to…
In a recent decision, the Singapore High Court clarified that in determining an appropriate sentence for corruption, the Court will take into account the specific nature of the corruption. There are no sentencing presumptions in respect of private sector and public sector corruption, both of which can attract a custodial…