The guidance recommends that companies put in place controls that are proportionate to their operations, including the level of its exposure to foreign bribery risks and its business activities, which includes the...more
Regulators and enforcement authorities in Australia intensified their efforts to curb white-collar crime in 2023. They targeted fraud, money laundering, tax evasion, cybercrime, and corruption across multiple industries,...more
1/10/2024
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Bribery ,
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Tax Evasion ,
White Collar Crimes
Given the widespread use of “benefit” to calculate penalties across the corporate landscape, a new Australian High Court decision could have a significant impact on all corporations and directors that face civil or criminal...more
The High Court of Australia has reserved judgment in an appeal considering how to determine the value of a corporation’s “benefit” derived from foreign bribery, for the purpose of setting the maximum penalty for the offence....more