The Economic Crime and Corporate Transparency Act 2023 (the “ECCTA”) introduced a corporate ‘failure to prevent fraud’ offence providing that ‘large’ organisations may be held criminally liable if an ‘associate’ (such as an...more
Traditionally in UK law, in order to hold a company criminally liable, enforcement authorities must prove wrongdoing by a senior person representing the company’s “controlling mind and will.” Through this “identification...more
Recent debarments of contractors by the World Bank underscore the need for entities working under multilateral development bank (“MDB”) contracts to implement effective anti-corruption project finance mitigation strategies...more
10/3/2019
/ Anti-Corruption ,
Banks ,
Collusion ,
Colombia ,
Competitive Bidding ,
Cross-Border Transactions ,
Enforcement Authority ,
Federal Contractors ,
Fraud ,
Indonesia ,
Misrepresentation ,
Project Finance ,
Spain ,
Suspensions & Debarments ,
World Bank