Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Legal forum focuses on anti-corruption and anti-bribery compliance for firms  Join our daily free Newsletter

MENAFN - Arab News - 25/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) The impact and mounting scrutiny on businesses in saudi arabia to conform to anti-corruption and anti-bribery laws be it in their domestic or international operations was the focus of a high-level gathering of legal advisers and corporates on tuesday.

the event hosted by saud al-ammari law firm in association with blake cassels & graydon llp (blakes) a major business law firm brought together senior officials from top companies across saudi arabia and bahrain to discuss the importance for businesses of setting clear guidance regarding anti-corruption and anti-bribery regimes the need for effective enforcement of anti-corruption policies and methods for conducting appropriate and thorough due diligence.

the forum was convened in line with the kingdom's growing focus on stamping out corruption and the recent establishment of an anti-corruption commission (acc) in saudi arabia to ensure the protection of public funds as well as eliminate corruption in the private sector. the purpose of the acc is to protect integrity enhance the concept of transparency as well as combat financial and administrative corruption in its different forms including at the corporate level.

saud al-ammari chair saudi arabia & gulf region at blakes said: "the topic of anti-corruption is an extremely important one for saudi companies today as the kingdom continues to strengthen its efforts to combat wrongdoing in both the private and public sectors. it is therefore critical for corporates today to quickly take action assess their liabilities in this area and ensure that they're well prepared to implement best practices. this forum has brought together some of the world's leading legal experts on anti-corruption to provide participants with high level advice and insight into how best to mitigate risks and take the necessary steps to implement effective anti-corruption and anti-bribery practices across an organization."


 


Arab News




  MENA News Headlines
 Mar 4 2015 - Egypt eyes foreign investmentsMENAFN
(MENAFN) Egypt's economic conference raised expectations about improving investments opportunities in the country as well as among foreign business communities, The National reported.However, the ...

 Mar 4 2015 - ME carriers register 11.4 percent passenger growth in JanuaryMENAFN
(MENAFN) An increasing number of passengers are continuing to choose Middle East carriers for international travel, according to January figures from International Air Transport Association (IATA), ...

 Mar 4 2015 - UAE's Sanad portfolio value to reach USD1.5b by 2020MENAFN
(MENAFN) Sanad Aero Aolutions (Sanad), Mubadala's spare engine and component leasing and financing company, plans to increase its portfolio value to more than USD1.5 billion by 2020, up from over ...

 Mar 4 2015 - EU shares near 7-year highs as German retail sales jumpKhaleej Times
(MENAFN - Khaleej Times) The gains follow a rise in Asia and another record day on the Wall Street . US stocks futures pointed to a flat start.Eurozone government bond yields were slightly higher but ...

 Mar 4 2015 - UAE-based enterprises key target for seven global trade shows in Hong KongKhaleej Times
(MENAFN - Khaleej Times) The Hong Kong Trade Development Council, or HKTDC, the international representative organisation for Hong Kong-based manufacturers, traders and service providers, announced ...

 Mar 4 2015 - Moody's Investor Service upgrades Emaar's outlookKhaleej Times
(MENAFN - Khaleej Times) Emaar's strong cash flow generation, solid liquidity and growing business diversification will enable it to weather the more uncertain investment climate, Moody's Investor ...

 Mar 4 2015 - Israeli Navy Shoots Palestinian Fishing BoatsQatar News Agency
(MENAFN - QNA) Israeli navy opened fire at Palestinian fishing boats sailing off al-Sudaniya shore, in the northern Gaza Strip. Palestinian security sources said that the Israeli navy roaming the ...

 Mar 4 2015 - Dubai Int'l Boat Show sees more than 26,000 visitorsKhaleej Times
(MENAFN - Khaleej Times) The 23rd edition of the Dubai International Boat Show opened on Tuesday and is expected to draw more than 26,000 visitors from over 120 countries including High Net Worth ...

 Mar 4 2015 - Middle East and Africa private wealth set to hit $7.2t by 2018Khaleej Times
(MENAFN - Khaleej Times) With private wealth in the Middle East and Africa projected to reach $7.2 trillion by 2018, Dubai International Financial Centre is well positioned with its laws and ...

 Mar 4 2015 - Luxembourg seeks to bolster ties with UAEKhaleej Times
(MENAFN - Khaleej Times) Luxembourg, which is home to assets under management to the tune of more than ‚¬3000 billion, seeks to boost collaboration with the UAE in financial services, in particular ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help