Chinese authorities have seized assets worth at least 90 billion yuan ($14.5 billion) from family members and associates of retired domestic security tsar Zhou Yongkang.
Companies and their Boards are struggling with increased regulatory burden and the risks associated with operating in emerging markets. Regulators are challenging corporate compliance and governance models as companies aim to mitigate risk while shareholders expect growth. The changing landscape for cross-border disputes, bribery and corruption and cyber-crime continues to test compliance and governance models, especially in new markets.
New York's antiquated laws against public corruption, computer crimes and fraud -- including swindles targeting the elderly -- would be beefed up under a series of wide-ranging proposals.
According to a survey, a majority of people across the globe feel that corruption has worsened in their countries, and that their governments are ineffective in combating it.
