The UK Serious Fraud Office’s annual report for the year ended March 31, 2015 reports, among other things, a 78% conviction rate, 16 new investigations while 30 defendants await trial. These statistics represent an upward trend from the previous year. Details of enforcement 1. The SFO has opened 16 new…
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…
In a recently published decision of April 22, 2015 (file no 5/12 Qs 1/15), the district court in Frankfurt am Main ruled that bribing the managing director of a limited liability company is not a criminal offense under Section 299 German Criminal Code, if the managing director is also the…
The anti-corruption legal regime in India has always been oriented towards targeting the demand side of corruption. The Prevention of Corruption Act, 1988 (‘PoCA’) focuses primarily on prohibiting corrupt acts by public servants. While bribe givers are also covered within the law by reliance on provisions such as abetment /…
On April 27, 2015, Transparency International UK (“TIUK”) released the Defense Companies Anti-Corruption Index 2015 (the “Index”). The Index, which was first released in October 2012 and now updated for the first time since then, assesses the transparency and quality of the ethics and anti-corruption compliance programs of 163 defense…