logo-ahplogo-ahplogo-ahplogo-ahp
  • Home
  • Firm
    • About Us
    • Careers
  • Solutions
      • Anticorruption & Good Corporate Governance
      • Banking & Finance
      • Capital Markets
      • Competition Law
      • Debt & Corporate Restructuring
      • Dispute Resolution
      • Energy, Oil & Gas
      • Foreign Direct Investment
      • Fraud & Forensics Investigation
      • Intellectual Property
      • Islamic Finance
      • Labor Law
      • Mergers & Acquisitions
      • Projects & Natural Resources
      • Real Property
      • Shipping & Aviation
      • Tax & Customs Services
      • Telecommunications & Media
  • Members
  • News & Insights
  • Rajah Tann Asia
✕
            No results See all results

            A Quick Anti-Corruption Guide for Businesses in Asean, China & Japan

            International corruption has been estimated to cost a massive $3.6 trillion annually in the form of bribes and stolen money, amounting to over 5% of global GDP. It has been listed by the United Nations as one of the biggest impediments to achieving its 2030 Sustainable Development Goals, and governments worldwide have criminalised corruption in an effort to stem the losses.

            Rajah & Tann Asia’s member firms and regional desks hail from the jurisdictions of Cambodia, China, Indonesia, Japan, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. This Publication brings together our lawyers from the above jurisdictions to answer the following questions on anti-corruption efforts:

            1. What is the principal anti-corruption legislation in your country?
            2. Who is the authority in charge?
            3. Does the principal legislation have extra-territorial effect?
            4. Is there a different threshold in bribery offences in the public and private sector?
            5. Is there a duty to report bribery offences?
            6. What are the key offences under the principal legislation?
            7. What are the penalties for the key offences?
            8. Are there defences to the key offences?
            9. If a body corporate commits an offence under the principal anti-corruption legislation, would the officers of the body corporate be liable?
            10. Are Deferred Prosecution Agreements an option in your country?
            11. Are there any other key anti-corruption initiatives in your country?
            12. What is the enforcement trend of anti-corruption laws in your country?

            Click here to download the guide

             

            ***

            AHP Client Alert is a publication of Assegaf Hamzah & Partners. It brings an overview of selected Indonesian laws and regulations to the attention of clients but is not intended to be viewed or relied upon as legal advice. Clients should seek advice of qualified Indonesian legal practitioners with respect to the precise effect of the laws and regulations referred to in AHP Client Alert. Whilst care has been taken in the preparation of  AHP  Client Alert, no warranty is given as to the accuracy of the information it contains and no liability is accepted for any statement, opinion, error or omission.

             

             

            More Articles

            • IDX Enacts Regulation on Free Float for Companies with Multi-Voting Shares
              April 19, 2022
            • 0
              AHP advises GoTo in its IPO
              April 14, 2022
            • Back to Business as Usual as KPPU Reverts to the Original Notification Deadline and Reaffirms the Competition Compliance Program
              April 8, 2022
            • The Indonesian Government Mandates BPJS Membership to Buy Lands and Properties
              March 31, 2022
            • Ex Aequo et Bono: Applying Equity and Fairness under Indonesian Arbitration Law
              March 28, 2022
            • Shipping Law Update
              January 12, 2022
            • Multi-Voting Shares: Sweetener for Tech Start-Up IPOs?
              January 5, 2022
            • Committing to a Greener Future: Indonesia Embraces the Implementation of Carbon Economic Value
              January 3, 2022
            • OJK Embraces Digital Bank with New Regulations
              November 4, 2021
            • Brighter Days Ahead as Indonesia’s Ministry of Energy and Mineral Resources Revised Regulation on Rooftop Solar System
              October 7, 2021
            By Practice Area
            • Projects & Energy
            • Technology Media & Telecommunications
            • Intellectual Property
            • Real Property
            • Banking & Finance
            • Capital Markets
            • Competition
            • Mergers & Acquisitions
            • Dispute Resolution
            • Tax and Customs

            Jakarta Office

            Capital Place, Level 36 & 37
            Jalan Jenderal Gatot Subroto Kav. 18
            Jakarta 12710,
            Indonesia

            Phone: +62 21 2555 7800
            Fax: +62 21 2555 7899
            Email: info@ahp.id

            Surabaya Office

            Pakuwon Center, Superblok Tunjungan City
            Lantai 11, Unit 08
            Jalan Embong Malang No. 1, 3, 5,
            Surabaya 60261
            Indonesia

            Phone: +62 31 5116 4550
            Fax: +62 31 5116 4560

            Assegaf Hamzah & Partners


            © 2001 - 2022 Assegaf Hamzah & Partners. All rights reserved.

            Rajah & Tann Asia is a network of legal practices based in Asia.

            Member firms are independently constituted and regulated in accordance with relevant local legal requirements. Services provided by a member firm are governed by the terms of engagement between the member firm and the client.

            This website is solely intended to provide general information and does not provide any advice or create any relationship, whether legally binding or otherwise. Rajah & Tann Asia and its member firms do not accept, and fully disclaim, responsibility for any loss or damage which may result from accessing or relying on this website.