President Donald Trump’s recent decision to suspend enforcement of the Foreign Corrupt Practices Act (FCPA) has raised concerns about undermining global anti-bribery efforts. The FCPA, in place since 1977, prohibits U.S. and foreign companies with U.S. market ties from bribing foreign officials. Trump argues that the FCPA puts U.S. businesses at a disadvantage, as other […]
Earlier this week, President Donald Trump announced his decision to suspend enforcement of the Foreign Corrupt Practices Act against U.S. companies on the basis that it was prohibiting them “from engaging in practices common among international competitors”. This is a major development in international white collar crime and anti-bribery enforcement and is a clear steer […]
Mr Justice Robin Knowles CBE has today refused to grant permission to appeal to the Privinvest Group following his judgment on the merits in the Republic of Mozambique litigation dated 29 July 2024. By his further judgment handed down today, Tuesday 10 December 2024, the judge also required that the Privinvest Defendants pay £20 million […]
Peters & Peters notes with great satisfaction the judgment of the Honourable Mr Justice Robin Knowles CBE in the Republic of Mozambique litigation which was handed down on 29 July 2024. The judgment represents a major milestone in the five years of litigation, initiated by the Attorney General of Mozambique, to hold the Privinvest Group […]
At the end of the summer, work got under way to draft the core principles for a treaty to create an International Anti-Corruption Court (IACC). This is the latest development in the global momentum to establish a specialised international corruption court. However, in view of the fact that an International Criminal Court (ICC) already exists, […]
Fraud, bribery and corruption (FBC) in sport are nothing new. INTERPOL notes that criminal offences in sport “are a way for organized syndicates to generate high profits and launder their illegal proceeds, with limited risk of detection”. In recent times, the spotlight has been on sports with circular balls, with a host of scandals rocking […]
