The Crimes Legislation Amendment (Combatting Foreign Bribery) Act 2024, came into forceon 8 September 2024, making some significant updates to Australia’s foreign bribery laws.Notably, the reforms introduced a new corporate offence of failure to prevent bribery of aforeign public official. The legislation mandates the Attorney-General to publish guidancematerial on what steps corporations can take to Continue reading
News
Adequate Procedure Guide – Supporting Resources
Posted on November 13, 2024
This document outlines supporting resources to accompany the Crimes Legislation Amendment (Combatting Foreign Bribery) Act 2024, which introduced a new corporate offence for failing to prevent bribery of foreign public officials and requires businesses to have “adequate procedures” to prevent such conduct. It serves as a companion to the Attorney General’s Adequate Procedure Guide, offering Continue reading
The NACC issues statement clearing ASIC Deputy Chair
Posted on September 20, 2024
The National Anti-Corruption Commission (NACC) has issued its first statement on the former Australian Securities and Investment Commission (ASIC) Deputy Chair, Ms Karen Chester. The NACC received a voluntary referral from a member of the public on 2 August 2023 regarding the release of market sensitive information. In its statement the NACC cleared Ms Chester, Continue reading
2024 Global Perspectives: Insights from the International Foreign Bribery Taskforce
Posted on September 3, 2024
On 29th August, the Bribery Prevention Network hosted International Foreign Bribery Taskforce (IFBT) representatives to discuss the significance of collaborating in combating foreign bribery. Speakers included representatives from the Australian Federal Police, Serious Fraud Office (NZ), Serious Fraud Office (UK) National Crime Agency (NCA), Federal Bureau of Investigation (FBI) and the IACCC. They underscored the Continue reading
National Anti-Corruption Commission (NACC) twelve principles announced
Posted on August 31, 2024
Twelve principles have been launched today at the Australian Public Sector Anti-Corruption Conference for the National Anti-Corruption Commission (NACC) to independently and effectively undertake their functions. The principles express a shared approach to engaging with Australia’s obligations under the United Nations Convention against Corruption. 1. The ability to consider referrals from any third party2. The Continue reading
National Anti-Corruption Commission (NACC) Commonwealth Integrity Survey 2024
Posted on August 22, 2024
The National Anti-Corruption Commission (NACC) is conducting Australia’s first Commonwealth Integrity Survey, with assistance from government agencies and an external service provider. The survey collects observations and perceptions of integrity and corruption within the Commonwealth public sector from Commonwealth public sector employees. The survey is an opportunity for employees to provide anonymised feedback to their Continue reading
Recent posts
- 14/11/2024: Adequate Procedure Guide – Supporting Resources
- 13/11/2024: Adequate Procedure Guide – Supporting Resources