#Knight Capital’s filings reveal scant oversight focus on tech risks for board – Financial Regulatory Forum http://t.co/1TNhbx8s
#Knight Capital testimony to Congress in June on market structure, technology, need for new rules: http://t.co/3qCMICil
#Knight Capital chief in June: “with two notable exceptions (in recent years), the equity markets worked flawlessly,” http://t.co/3qCMICil
Sarbanes, Oxley cite #ManchesterUnited in slamming relaxed #IPO rules http://t.co/SFn1KZTs via @reuters
Whistleblowing is a duty if internal calls unheeded, U.S. bailout overseer Barofsky says – Financial Regulatory Forum http://t.co/5H77RljD
Pressures of high revenues, growth, fuel #compliance shortcuts, study of Fortune 500 employees finds http://t.co/v9IGVhW9
Tight budgets, 3rd-party systems raise #banks’ operational #risk, OCC report says. Release: http://t.co/mV8oWY6I pdf: http://t.co/t6KiEuRd
#Barclays case gives #CFTC more clout on overseas #derivatives, funding – Financial Regulatory Forum http://t.co/1h0QQQ9F
U.S. securities regulators focus rulemaking, exams on retirement products – Financial Regulatory Forum http://t.co/VZ3xGUTx
Canada’s Anti-Bribery Cops Reel One In
By John Mackie
TORONTO, July 22 (Business Law Currents) – Though Canada has had foreign bribery legislation in effect for over a decade, prosecutions have proven very few and very far between. So it remains to be seen whether the recent guilty plea by Calgary’s Niko Resources under Canada’s Corruption of Foreign Public Officials Act marks a scaling-up of Canadian efforts on this front, or just another blip on the radar screen.
Canada’s Corruption of Foreign Public Officials Act (CFPOA) entered into force on February 14, 1999. The Act contemplates prosecutions in respect of three offences: bribing a foreign public official, laundering property and proceeds, and possession of property and proceeds. In addition, the CFPOA enables prosecutions for conspiracy, aiding and abetting, counselling, and the like.


