Latest Posts
Search for:
Category

Foreign Bribery

Category
In Foreign Bribery

Japan: Amendments to legislation on bribery of foreign public officials and updates to guidelines for the prevention of bribery of foreign public officials

by , , and 7 Mins Read

In brief Japan amended the provisions on the crime of bribing foreign public officials (“Criminal Bribery of Foreign Officials”) under the Unfair Competition Prevention Act (UCPA), effective 1 April 2024, and updated the Guidelines for the Prevention of Bribery of Foreign Public Officials (“Foreign Bribery Guidelines”) in February 2024. Key changes to the UCPA include increased fines and longer terms of imprisonment for individuals or corporations who bribe foreign public officials, expanded corporate liability and…

In Corruption Prevention

Australia: Does your company have adequate procedures in place to prevent corruption?

by , and 7 Mins Read

New legislation passed which will put onus on companies – when did your company last undertake a risk assessment on corruption? In brief The Australian government has, after many years of deliberation, passed the Crimes Legislation Amendment (Combatting Foreign Bribery) Bill 2023 (“Bill”) which introduces a new indictable corporate offence of failing to prevent foreign bribery. This offence will apply where an associate of a company has committed bribery in relation to a foreign public official for…