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Publication 6: Organisational Culture Reimagined In this series of articles, we have explored some significant changes to the external and internal environments in which your organisation operates. Global January 14, Employment and labor. United Kingdom January 13, Energy, infrastructure and resources.
Australia January 13, Financial institutions. Register now. These agreements have been used widely in the US for years but have more recently emerged as critical tools for authorities in the United Kingdom, France and Canada. The recommendation broadly recommends the approach used in the US and the UK, where the option of a non-trial resolution for companies is based on such criteria as to whether the business self-disclosed the misconduct, cooperated with law enforcement authorities and remediated the compliance gaps that allowed the misconduct to occur.
The recommendation emphasizes the growing existence of international cooperation and the need to reduce barriers to cooperation between member states. For example, it encourages member states to aggressively share information with other member states by streamlining the process of responding to treaty-based requests for evidence-gathering.
Indeed, the recommendation suggests that member countries take steps to ensure that their data protection laws are not unduly impeding international law enforcement cooperation efforts—which sends an important message about how to balance the sometimes competing interests of privacy laws and law enforcement.
The Working Group further encourages member states to share information proactively, even in the absence of a formal request from another member state. The recommendation encourages direct coordination of concurrent or parallel investigations in different jurisdictions and further recommends that member states establish joint investigation teams when conducting bribery investigations.
The recommendation represents an aggressive push by the Working Group to encourage member states to take comprehensive approaches in fighting anti-corruption and increase the opportunities for multi-jurisdictional investigations. We expect that the recommendation will have ripple effects over time as the OECD member states incorporate these points of emphasis into their local regulations and enforcement policies. Special thanks to law clerk Mikkaela Salamatin New York for her assistance in the preparation of this content.
In this series of articles, we have explored some significant changes to the external and internal environments in which your organisation operates. We are one of the pre-eminent legal advisers in the global offshore wind sector, offering a team that has a passion for, and has grown up with the industry. Subscribe and stay up to date with the latest legal news, information and events Use of cookies by Norton Rose Fulbright.
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