Log In | Subscribe | | |

Financial Crime Risk Officers - OpEd

A deferred prosecution is a device used by prosecutors to allow suspected criminals to buy what amounts to a judicially approved arrangement to avoid prosecution so long as the accused meets certain conditions for a certain period of time. Critics (of which this newspaper is one) see it as a bribe; supporters see it as a way of compelling the accused to do whatever it is that the prosecuting authority wants. Developed in the USA, there is a global move towards adoption of this tactic. The former head of the UK's Serious Fraud Office was a fan; he's been replaced by an American who has been immersed in this system. How's it going?

We, the people, are discriminatory. You , me, he, she are all guilty of one of the most fundamental forms of discrimination. Yet, if we reject that attitude, we become better at so many things. Importantly, it all comes down to two fundamental prejudices. And, if you are a LinkedIn user, it's almost certain that you exercise it with every visit. Read on for why your New Year's resolution should be to reject this particularly unwise way of life.

Free for seven days

The OECD Working Group on Bribery says that Ireland has failed to act on the Working Group's "recommendation" to make certain that the counter-money laundering law (Criminal Justice (Money Laundering and Terrorist Financing) Act 2010) applies to Irish companies that launder the proceeds of bribing foreign officials, even if there is no law relating to bribery in the official's country. The OECD might have misread Ireland's laws.

 


 

Amazon ads

 

When a loved-one dies, we don't know how to feel, we don't know how to react and we don't know how to behave. "Ten Things You Need To Know About Dealing With Death" is a quick and easy description of ten simple "Rules" that guide you through the grieving process, in the immediate aftermath of a death, in a practical and sometimes humorous way.

 

More information