APRA's Information Paper on self-assessments of governance, accountability and culture provides useful guidance for all organisations which want to
The Senate Economics References Committee Report proposes extending the already significant obligations relating to foreign bribery. Its
More conduct will be captured by foreign anti-bribery laws, and there will be new offences and higher penalties too. Australia is shifting its gears
On 1 March 2016 important legislative reforms relating to false accounting practices came into force in Australia. The introduction of these new
Strengthened by the enactment of new offences, increased penalties and larger budgets, regulators around the globe have been increasingly aggressive
Anti-Bribery and Corruption (ABC) compliance programs are increasingly being mandated by legislators, boards, customers, contractors and bankers.
Personal liability for directors in connection with foreign bribery laws is a very real risk. D&O insurance is important, but will not cover all loss
Australian businesses must develop and support a corporate culture and an effective system of compliance that meet the requirements of a variety of anti-corruption and bribery laws at home and abroad.
A recent OECD Report on Australia's implementation of the OECD Anti-Bribery Convention has identified a poor investigation and enforcement record and highlighted gaps in the current law.
Australian businesses can fall within the scope of the US Foreign Corrupt Practices Act.