September 18th, 2009
QUITO (Dow Jones)--Ecuador's state prosecutor, Diego Garcia, said Wednesday his office is studying whether to proceed with legal action in the U.S. against Chevron Corp. (CVX) in a case that stems from claims brought by indigenous groups against the oil company.
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August 28th, 2009
Forbes -- Shareholders in many of the world's leading multinational corporations face significant financial peril from a source few have probably ever thought about: transfer pricing.
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August 28th, 2009
Task Force member, Transparency International, has announced that it is launching a "wide-ranging review of corrupt practices in the private sector." From
TI:
Transparency International (TI), a leading anti-corruption organisation, will launch a wide-ranging review of corrupt practices in the private sector, including bribery and undue influence, corporate fraud and cartels. New challenges for carbon trading markets, sovereign wealth funds and emerging economic powers in Asia and Latin America are also covered.
TI’s Global Corruption Report 2009: Corruption and the Private Sector features more than 75 experts examining the scale, scope...
August 12th, 2009
Outlook: And so Liechtenstein has surrendered. Following on from the tax information exchange deal with the US comes a similar one with the UK. There will be an amnesty for around 5,000 account holders who could have stashed up to £3bn in the tiny principality, together with a tacit assurance that they won't be prosecuted if they agree to assume the position and pay up. They'd be well advised to do so because it is more than people in other tax havens may be offered.
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