In a report published today on corruption prevention in Latvia in respect of members of parliament, judges and prosecutors, the Council of Europe’s anti-corruption group (GRECO) regrets the lack of measures concerning regulation on lobbying, parliamentary ethics and conflicts of interest. Despite draft amendments which are reportedly geared towards enhancing transparency of law making, as well as…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News BRUSSELS — The European Union’s embassy in Moscow was hacked and had information stolen from its network, according to a leaked internal document seen by BuzzFeed News. An ongoing “sophisticated cyber espionage event” was discovered in April, just weeks before the…
— 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 NCSC will be joining Kate Adie, the BBC’s former Chief News Correspondent, Jamie Bartlett, Senior Fellow and former Director of Demos and Dame Inga Beale, Former CEO, Lloyds of London. Along with the keynote slot, which takes place on day three…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News The rent, corrupted model of the economy implies the constant use of the system transforming political investments into financial dividends. It is in the structure of the basic financial flows, which are formed in the public sector and the real sector of the…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Shipping and logistics company F.H. Bertling Ltd. has been fined £850,000 ($1.1 million) for its role in an alleged bribery scheme to secure freight-forwarding contracts in Angola, the U.K.’s Serious Fraud Office said Monday. The SFO charged F.H. Bertling and several…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News Ukrainian President Volodymyr Zelensky has submitted to the Verkhovna Rada, Ukraine’s parliament, a draft law on the confiscation of illegal assets of officials and the punishment for the acquisition of such assets . Respective bill No. 10358 of June 3 on…
— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News A staunch cabinet ally of Italian interior minister Matteo Salvini has been sacked amid a corruption probe, sparking a cabinet rift. Armando Siri, the undersecretary of transport, stands accused of taking bribes worth €30,000 from renewable energy companies operating in the…
According to the report, the Bank of Italy is joining other central banks in creating investment criteria that reward green actions in an effort to get banks and money managers to be more environmentally friendly. By the end of June, the new criteria will apply to about $8.9 billion in shareholdings. It will be extended to…
