Publication
Proposed changes to Alberta’s Freedom of Information and Protection of Privacy Act
Alberta is set to significantly change the privacy landscape for the public sector for the first time in 20 years.
Business ethics and anti-corruption: Asia Pacific insights - Issue 12
Global | Publication | August 2017
From the editor
Welcome to Issue 12 of our Asia Pacific Insights into Business ethics and anti-corruption matters. After a short hiatus, we return with four articles dealing with corruption and money laundering.
Australia seeks to shift closer in approach to its US and UK counterparts in its new foreign bribery laws. Abigail McGregor and JP Wood compare and contrast the regimes by reviewing the bribery offences, the adequate procedures compliance defences and deferred prosecution schemes. Jeremy Lua and I provide a comprehensive study of Singapore laws on bribery and corruption ahead of impending changes to the Prevention of Corruption Act.
In an article on the impact of US developments on Asia, my US-based partners Gerry Pecht, Jeff Layne and Ben Koplin team up with Singapore-based US counsel Paul Sumilas to examine the Department of Justice guidance titled “Evaluation of Corporate Compliance Programs” and its effect on Asian businesses, in light of similar industry standards like ISO 37001 and the PACT guidebook published by the Singapore Corrupt Practices Investigation Bureau.
Over in China, the financial services regulators take firm steps to impose stringent obligations on the reporting of large-sum and suspicious transactions on a widening scope of financial institutions. Insurance agents, brokers, consumer finance and loan companies, in addition to financial institutions like banks, are now subject to anti-money laundering obligations as part of a global trend to tighten regulation on illicit activities.
I hope these articles are helpful to you. Please let us know if you would like to speak with us on any of these matters. Enjoy reading!
Contents
Recent publications
Publication
Competition Act amendments target property controls
On December 15, amendments to the Competition Act (Canada) (the Act) that were intended at least in part to target competitor property controls that restrict the use of commercial real estate – specifically exclusivity clauses and restrictive covenants – came into effect.
Subscribe and stay up to date with the latest legal news, information and events . . .