Thursday, September 29, 2016

Ethical Alliance Daily News - 28 Sept 2016


Indonesia: StanChart tells authorities about corruption allegations at Indonesian firm
Sep 28, 2016 08:00 pm
Standard Chartered (STAN.L) has told “appropriate authorities” about alleged corruption at an Indonesian power plant company majority-owned by its private equity arm, the bank said on Tuesday. The statement came in response to an earlier Wall Street Journal report that […]
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Read our latest blog post which highlights some of the world's biggest sports corruption scandals that had marred the sporting industry in the last decade, as well as possible enforcement actions to come.
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Hours after Sam Allardyce was sacked as England manager for inappropriate conduct, the Football Association was hit by a new crisis as eight current and former Premier League managers stand accused of receiving ‘bungs’ for player transfers after a long-running investigation […]
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A much-debated anti-graft law has officially kicked off in South Korea, calling for workers in certain sectors who should maintain higher ethical standards to refrain from receiving any gift priced beyond a legal ceiling. Under the Kim Young-ran Law, people […]
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The role of UK tax havens in facilitating financial crime came under scrutiny as the European parliament opened its 10-month inquiry into the Panama Papers scandal. At the inquiry’s first evidence session in Brussels, the 65-member panel heard from journalists […]
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Singapore can do more to address the money-laundering risks posed by the country’s status as a global financial center, the Financial Action Task Force said. While acknowledging that the Southeast Asian nation has a “reasonable understanding” of its money-laundering risks […]
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China’s ruling Communist Party will hold a key meeting late next month aimed at revising party discipline rules, state news agency Xinhua said on Tuesday, as President Xi Jinping keeps up a battle to uproot deep-seated corruption. Formally called plenums, […]
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