Category Archives: Newsletter

Interview with Richard Bistrong

Nick Burkill: Richard, you have become well-known as an anti-corruption compliance consultant and speaker on the strength of your own personal experience as a sales executive selling in many parts of the world identified as having corruption problems, and as … Continue reading

Posted in 2015-10, Newsletter | Tagged , , , , , |

Managing whistleblowers to benefit investigations in China

            Under the table cash kickbacks and conflict of interest relationships involving family members are notoriously difficult to prove in China. Investigators may find only a small number of witnesses, and even these may be … Continue reading

Posted in 2015-09, Newsletter | Tagged , , , , , |

Has China’s Anti-Corruption Drive Had Any Real Impact on Commercial Bribery?

        It is impossible to ignore the anti-corruption campaign launched by China’s president, Xi Jinping. Aside from the high profile investigations and charges against multinational companies that have dominated the news, has the campaign had any real … Continue reading

Posted in 2015-07, Newsletter | Tagged , , , |

Virtual currency: a new challenge for international AML enforcement

Virtual currencies, such as Bitcoin, present new challenges for international anti-money laundering (AML) enforcement. Whilst they have legitimate uses, they offer real-time, low-profile conduits for criminals to transfer funds and launder traditional currencies in a vacuum, outside international banking laws … Continue reading

Posted in 2015-06, Newsletter | Tagged , , , , , , |

Refining the art of corruption investigations and subsequent dismissals in China

              PART 1: Allegations, evidence and expecting the unexpected Real world examples Mr Wang (not his real name) headed the purchasing department for his division in a Shanghai based multinational advertising company.  He was also … Continue reading

Posted in 2015-05, Newsletter | Tagged , , , , |

Physical security and anti-fraud security. Strange bedfellows or a match made in heaven?

Go on admit it, everyone’s done it.  On leaving your home you say to yourself, “Did I lock the door?”  You retrace your steps and ensure that the door to your home is secure.  Some would call this a “senior … Continue reading

Posted in Newsletter |

Developments in the British Virgin Islands that assist in the fight against fraud

A number of developments in the British Virgin Islands (BVI) have improved creditor access to the courts and their subsequent chances of recovering their funds.  These developments exemplify the evolution of the BVI as both a leading commercial centre and … Continue reading

Posted in 2015-03, Newsletter | Tagged , , |

Positive Developments in El Salvador: Revised Anti-Money Laundering and Assets Act and Presidency of the CFATF

El Salvador suffers from a poor image when it comes to corruption and financial crime. The country scored only 39 out of 100 in Transparency International’s (TI) 2014 Global Corruption Index and only 3.8 out of 7 in TI’s 2013 … Continue reading

Posted in 2015-02, Newsletter | Tagged , , , , , , |

Credit card fraud: Italy is confirmed as one of the safest countries for card payments

Legal framework Under Italian criminal law, there are two main legal provisions that prohibit fraud committed through the use of debit or credit cards: 1. Article 55(9) of Legislative Decree no. 231 of November 21, 2007 (which implements EC Directive … Continue reading

Posted in 2014 - 12, 2014 Newsletter, Newsletter | Tagged , , , , , |

Addressing global anti-corruption enforcement trends: how Statoil’s procedures meet changing challenges

          Statoil’s oil and gas exploration and production operations are conducted on the Norwegian continental shelf and further afield in countries around the world including Angola, Azerbaijan, Indonesia, Libya and Mozambique.  In addition to its exposure … Continue reading

Posted in 2014 - 11, Newsletter | Tagged , , , , , |