INTRODUCTION The acclamation and social status that are linked to a winning team combined with the investment in clubs with little apparent expectation of a financial return have made the industry attractive to some criminals. The European Commission (Commission)  recognises that sport can be attractive to criminals in order to launder funds due to the […]

On Saturday 4 November, news broke that at least 11 members of the Saudi Royal Family, in addition to dozens of senior officials and prominent people in business, had been arrested as part of an anti-corruption probe by the Saudi anti-corruption committee. The committee had been created earlier that day by royal decree from King […]

PARIS (Reuters) – Societe Generale said the French financial prosecutor had opened a preliminary investigation into possible violations by the bank of French anti-corruption laws, and had requested documents on its ties with the Libyan Investment Authority. Earlier this year Societe Generale agreed to pay nearly 1 billion euros ($1.1 billion) to settle a long-running dispute […]

Baker McKenzie has created a one of its kind Anti-Corruption Risk-Map. The risk maps provide information on primary anti-corruption legislation and enforcement agencies, offences, defences and penalties in 55 countries. By clicking on the regions in the map, HERE, you will be forwarded to the region and country pages.

International anti-corruption NGO, Transparency International, yesterday released its latest Corruption Perceptions Index (CPI), reviewing public sector corruption risk in 168 countries. http://www.transparency.org/ Herbert Smith’s 2015 report highlights the same offending countries and points to similar issues, particularly systemic government corruption, failed electoral mandates and public revolts against alleged grand-scale corruption. http://www.herbertsmithfreehills.com/insights/guides/global-anti-corruption-guide-2015?wtr=module-global-anti-corruption-guide The latest CPI scores […]

The just released Transparency International Middle East & North Africa, Government Defense Anti-Corruption Index is exhaustive and thorough analysis of real-world risk which exists in the region.  Every country in the Middle East and North Africa assessed by the first of its kind Government Defence Anti-Corruption Index  leaves the door open to waste, impunity and […]

UK anti-corruption investigators targeting high-profile world figures have been asked to investigate the finances of a former Mauritian Prime Minister after £4m in cash was discovered at his home. Ex-premier Navin Ramgoolam – a doctor and British-trained lawyer dubbed “London boy” by his critics – was led from his home in handcuffs in February after […]

The City of London Police Overseas Anti-Corruption Unit (OACU) has launched a video highlighting the damaging consequences for UK companies and individuals of engaging in corrupt business activities. The short six-minute video entitled “Consequences begin at home” has been created as a tool that can be used by corporates to educate their employees as part […]