Companies with business operations in Japan should review due diligence procedures and internal policy regarding small facilitation payments to ensure they are consistent with new guidance from METI.
In May 2021, the...more
7/7/2021
/ Acquisitions ,
Anti-Bribery ,
Bribery ,
Compliance ,
Due Diligence ,
Facilitation Payments ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Official ,
Guidance Update ,
Internal Controls ,
Japan ,
Mergers ,
Ministry of Economy ,
Multinationals ,
New Guidance ,
OECD ,
Target Company
Companies with business operations in Korea should assess the risk of possible violations subject to the CIO’s jurisdiction.
Gwon-lyeog-hyeong bi-li, a Korean phrase that translates as “power-type corruption” in English,...more
We are pleased to present the seventh edition of Global Legal Insights – Bribery and Corruption. This book sets out the legal environment in relation to bribery and corruption enforcement in 28 countries and one region...more
3/11/2020
/ Anti-Bribery ,
Anti-Corruption ,
Anti-Money Laundering ,
Bribery ,
Compliance ,
Corruption ,
Criminal Investigations ,
Criminal Prosecution ,
Enforcement ,
Foreign Corrupt Practices Act (FCPA) ,
Japan ,
Multinational Investigations ,
Multinationals ,
OECD ,
Public Officials ,
Transparency ,
White Collar Crimes
Japan is widely perceived to be one of the least corrupt countries in the world. Transparency International ranked Japan as the 20th least corrupt country out of 180 in the most recent Corruption Perceptions Index. The World...more
12/7/2018
/ Anti-Bribery ,
Anti-Corruption ,
Anti-Money Laundering ,
Bribery ,
Compliance ,
Corruption ,
Criminal Investigations ,
Criminal Prosecution ,
Enforcement Actions ,
Foreign Corrupt Practices Act (FCPA) ,
Money Laundering ,
White Collar Crimes
Japan is widely perceived to be one of the least corrupt countries in the world. Transparency International ranked Japan as the 20th least corrupt country out of 176 in the most recent Corruption Perceptions Index. The World...more
Korea to introduce “Kim Young-ran Act,” significantly expanding the scope of the anti-corruption regulatory framework.
The Improper Solicitation and Graft Act of Korea (the Act), commonly known as the “Kim Young-ran...more