Frameworks

China and Japan Amplify Legal Frameworks to Curtail Corruption and Strengthen Market Integrity

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Beijing, China — In recent moves by China, substantial reforms and stringent policies highlight its determined crackdown on corruption within commercial sectors. This national campaign targets bribery and fraudulent activities, significantly overhauling the legal framework related to corporate malfeasance. Together, these regulations are aimed at improving the business environment and maintaining market order. The Criminal Law of China recently saw its 12th amendment, which notably extends the scope of anti-bribery laws to include private enterprises, previously applicable mainly to state-owned entities. This has broadened the legal context and increased the liabilities for corruption in private … Read more

Thousands of Drone Sightings Spark Dialogue on National Security and Regulatory Frameworks

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JACKSON, Miss. — In recent weeks, the FBI has received over 5,000 tips related to drone sightings, prompting a review by several federal agencies. Consequently, a joint statement affirmed the sightings have revealed no threats that would compromise national security or public safety. As drone technology becomes more integrated into daily life, such events raise both concerns and awareness among the public. Michelle Hanlon, Executive Director of the Center for Air and Space Law at the University of Mississippi School of Law, is keeping a close eye on developments. She acknowledges the anxiety surrounding unexplained … Read more

Latin America and Caribbean Struggle with Money Laundering, Despite Strong Legal Frameworks: Report

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SÃO PAULO, Brazil – Latin American and Caribbean countries are facing challenges in effectively enforcing anti-money laundering measures, despite having higher adoption rates of legal frameworks compared to the global average, according to a recent report. The 2023 edition of the annual anti-money laundering index produced by the Basel Institute on Governance revealed that the region’s multibillion-dollar criminal economies have turned it into a hub for money laundering. Criminal groups use this region to convert their illicit proceeds into usable assets. Haiti and Venezuela were ranked as the worst performers in the region, with Haiti … Read more