Public Funds Archives - The Compliance Lady

ABUSE OF POWER Argentina FI Grand Corruption MONEY LAUNDERING NFDBP PEP Public Funds StAR

When does a PEP stop being a PEP?

August 24, 2022August 24, 2022The Compliance Lady

𝗪𝗵𝗲𝗻 𝗱𝗼𝗲𝘀 𝗮 𝗣𝗘𝗣 𝘀𝘁𝗼𝗽 𝗯𝗲𝗶𝗻𝗴 𝗮 𝗣𝗘𝗣? This week saw Malysia’s most infamous PEP, former Prime Minister Najib Razak make an astonishing fall from grace, going from a life of ostentatious luxury to a prison…Continue readingWhen does a PEP stop being a PEP?

ABUSE OF POWER CORPORATE CORRUPTION Investigations Morocco Public Funds

Morocco: creation of a national integrity portal

July 25, 2021July 25, 2021The Compliance Lady

In a continued effort to improve the business climate in Morocco and strengthen the fight against corruption, a national integrity portal will soon be a reality.…Continue readingMorocco: creation of a national integrity portal

ABUSE OF POWER China Embezzlement Grand Corruption Public Funds

Death sentence for China’s Top Banker guilty of bribery: should compliance Officers take note?

January 6, 2021January 7, 2021The Compliance Lady

LinkedIn was abuzz yesterday with news of one of China’s top bankers’ sentencing to death after he was found guilty of accepting $277 million in bribes. Capital punishment for government officials convicted of bribery in China is uncommon but…Continue readingDeath sentence for China’s Top Banker guilty of bribery: should compliance Officers take note?

ABUSE OF POWER Banking BRIBERY BSA Compliance Officer Grand Corruption Kleptocracy Asset Recovery Public Funds Whistleblower

USA: More Whistleblower Incentives and Protections in Historic Anti-Corruption Legislation

December 20, 2020December 28, 2020The Compliance Lady

BSA-AML Compliance Officers, take heed! A new whistleblower rewards program was approved by the U.S. Congress last week with important implications both for financial institutions and for foreign government officials trying to hide their stolen money…Continue readingUSA: More Whistleblower Incentives and Protections in Historic Anti-Corruption Legislation

ABUSE OF POWER BRIBERY CORPORATE CORRUPTION FCPA Grand Corruption Public Funds South Africa

Multinational Companies Return Money to South Africa after Corruption Probes

December 17, 2020December 26, 2020The Compliance Lady

What is happening in South Africa lately is so interesting. The results of the so-called “State Capture” investigation have produced some striking findings. South African authorities have investigated how several multinationals contracted with State-owned entities via the…Continue readingMultinational Companies Return Money to South Africa after Corruption Probes

ABUSE OF POWER CEO Embezzlement Mismanagement Morocco Public Funds Transparency International

Morocco: Big Bosses in Court for Corruption and Squandering of Public Funds

December 6, 2020December 29, 2020The Compliance Lady

Former parliamentarians, ministers, directors of public establishments, and billionaires are being prosecuted for corruption, squandering of public funds or mismanagement in Morocco. But is it enough?