As of 2 December 2009, the agencies had collectively brought actions against eleven corporations and an unprecedented twenty individuals for charges relating to the Foreign Corrupt Practices Act1 which prohibits the bribing of non-US officials
The Independent Commission against Corruption (ICAC) of the Hong Kong
Special Administrative Region (HKSAR) entered its 36th anniversary this
February. After years of relentless efforts from the Government, graft
fighters and the community ...
Recent events in the Arab World have shown that in the wake of civil chaos, kleptocratic elites often perpetrate economic crimes for personal gain. Fortunately, the international community holds one more tool in its global toolbox to help fight the impunity that is so often associated with grand corruption: the Stolen Asset Recovery (StAR) Initiative.
The role of reputable centres is frequently exaggerated by the media, politicians, onshore regulators and law enforcement, international agencies and (not least) religious/charitable organisations, sometimes with misconceived, misguided or misdirected agendas and numbers picked off a dart board
While useful steps are being made by the international community to produce asset recovery policy papers and knowledge products, this should not overshadow the important advances conducted in prosecutors’ offices, law firms, justice ministries and court houses around the world.