This blog was originally published on the FCPA Blog, which was discontinued in February 2024.

What is the responsibility and possible criminal liability of companies and their officials relating to human right violations allegedly committed abroad?

Should a CEO for example step down when a violation of financial or other conduct rules has occurred, which may even make the corporation complicit in terrorism financing or war crimes? Or should prosecution be a consequence of such transgression?

This blog was originally published on the FCPA Blog, which was discontinued in February 2024.

Last week’s publication of our 10th annual Basel AML Index – which assesses money laundering risks around the world and ranks jurisdictions on how well they’re addressing them – has triggered two types of response.

This blog was originally published on the FCPA Blog, which was discontinued in February 2024.

The release on October 4 of the 11th Basel AML Index drew attention not only to its ranking of money laundering risks in 128 countries but for its stark message: in a fast-changing world, progress in addressing money laundering and terrorist financing risks is not moving fast enough.

This blog was originally published on the FCPA Blog, which was discontinued in February 2024.

This blog was originally published on the FCPA Blog, which was discontinued in February 2024.

Hundreds of billions of dollars of Russian assets sit frozen in bank accounts, buildings, and harbours, thanks to the unprecedented financial sanctions rolled out since the full-scale invasion of Ukraine on February 2022. Understandably, states holding large quantities of Russian assets are under political pressure to permanently seize these and redirect the money to support Ukraine.

This blog was originally published on the FCPA Blog, which was discontinued in February 2024.

The release on November 13 of the 12th Basel AML Index ranking of money laundering and terrorist financing risks in 152 jurisdictions takes a look at why risks are rising and what to make of the increased crypto scrutiny.

This blog was originally published on the FCPA Blog, which was discontinued in February 2024.

2023 was a mixed bag for the business integrity community. On the one hand, the B20 – the voice of business of the G20 forum of major economies – had no Integrity & Compliance Task Force under the Indian Presidency. That was a major missed opportunity for all of us who care about raising standards of business integrity around the world.