— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News An intricate affair of fraud, corruption, and money laundering by senior Palestinian Authority (PA) officials who transferred the funds to Hamas terrorists training in Malaysia has been exposed, TPS reports. Official PA documents obtained by TPS show that Mahmoud Al-Habash, Supreme…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Shares of Apple Inc were down nearly 3% in afternoon trading on Mon following a Reuters report that the U.S. Dept of Justice was given jurisdiction to include the iPhone maker as part of broader antitrust probe. Stock has since pared…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News It is the second time the UK is using a new law that was introduced last year in an effort to tackle illicit financing and money laundering. The so-called Unexplained Wealth Order (UWO) allows authorities to confiscate assets that owners cannot…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Austrian Chancellor Sebastian Kurz has called a snap election following the collapse of his coalition government over a corruption scandal. The move came after Vice-Chancellor Heinz-Christian Strache resigned after secret footage emerged showing him talking to an alleged Russian investor. Mr…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News 2018 brought about a major shift and more clarity in the world of individual data privacy. May marked the one-year anniversary since the European General Data Protection Regulation (GDPR) was introduced. The regulation was an attempt to unify the existing legislation…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News The moon has always served as an inspiration for humanity, and there are many potential benefits for further exploration of our planet’s rocky satellite. But we need to establish guidelines to prevent unethical behavior on the moon, particularly regarding the use of…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Koji Nagai, group CEO of Nomura Holdings Inc., left, apologizes at a news conference in Tokyo on May 24. (Katsunori Takahashi) Nomura Securities Co., Japan’s leading brokerage, has been accused of leaking important nonpublic information to clients in a fresh scandal…
According to an analysis of the results by Open Mic — an organization that works with activist shareholders to improve corporate governance at America’s biggest companies — independent shareholders overwhelmingly backed two proposals to weaken Mark Zuckerberg’s power. Some 68% of ordinary investors, those who are not part of management or the board, want to…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Police have charged a 43-year-old man with money laundering as part of an investigation into individuals suspected of acting as “money mules”. Money mules are people who transfer money acquired illegally on behalf of someone else. The money can be transferred…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News The ethical consequences of artificial intelligence are therefore the most pressing problem in the business world. That was why some 42 countries met last week to try to create a world first corporate governance framework for it. The promise of AI…
