1-10 of 38 results
Recent UK money laundering decision
In this Insight, we explain how this decision is relevant to Australian companies, in demonstrating how proceeds of crime laws may provide rightsholders and activists with an additional lever for seeking company engagement on tackling modern slavery (and, potentially, other human rights issues). ...
Understanding 'adequate procedures' – a key element in Australia's foreign bribery law reforms
In the wake of the new 'failure to prevent' offence, the Commonwealth Attorney-General is required to publish guidance on the steps that can be taken to prevent an associate from bribing foreign ...
The third time's the charm: foreign bribery reform in Australia
After two unsuccessful attempts to strengthen foreign bribery laws, the passage of the Crimes Legislation Amendment (Combatting Foreign Bribery) Bill 2023 (CFB Bill) finally introduces new, broader foreign bribery offences for body corporates. ...
The National Anti-Corruption Commission in action
New anti-corruption watchdog, the National Anti-Corruption Commission (the NACC ), has now been operating for 100 days, and has already received more than 1200 referrals and opened three ...
2023 corporate crime landscape: interim update
This interim update summarises the major developments in Australia's corporate crime landscape of 2023 so far. With increased exposure, scrutiny and penalties, it is ever more vital to ensure your organisation is taking steps to be compliant with the evolving corporate crime landscape. ...
Corporate crime, policymakers and the major developments for 2023
2022 saw increased attention from policymakers in relation to corporate crime, with developments proposed or adopted to improve the capacity of the courts to hear criminal cases and increase ...
Preparing for a National Anti-Corruption Commission
The Commonwealth Parliament has passed the National Anti-Corruption Commission Bill 2022 (Cth) (NACC Bill), paving the way for a National Anti-Corruption Commission (NACC) to commence operations by mid-2023. ...
The post-election anti-bribery landscape
In this Insight, we consider how federal anti-bribery laws may evolve under the Albanese government, and comment on its possible use of sanctions. ...
APRA and AUSTRAC provide risk management guidance in relation to crypto assets
APRA and AUSTRAC provide risk-management guidance in relation to crypto-assets ...
Long-awaited sanctions reform may result in more dispersed sanctions risk
Last year, the Parliamentary Joint Standing Committee on Foreign Affairs, Defence and Trade (the committee) recommended enacting legislation to establish a worldwide human rights sanctions regime. Last week, the government's response was tabled in Parliament. ...