The European Union and the United States of America have instituted bans on trading in oil originating in Libya. Considered "targeted sanctions" they bans are said to impact upon the regime but to have no significant impact on the wide...
Insolvency: Australian regulator cancels registration of liquidator
It's a nice little earner: do a deal with a debt collection company to be appointed as liquidator or receiver in more than 200 cases where the company acts as petitioning creditor. That's what partners in New South Wales accountants and insolven...
Business Crime: senior officer pleads guilty to USD1 m embezzlement
Lisa Sackie, 47, of Solvang, California, has entered a guilty pleas to mail fraud charges arising from her embezzlement of USD1.1 million from Santa Barbara Bay Foods, the U.S. Attorney and FBI say.
Bribery: USA penalties for UK company Diageo
The USA's SEC has fined UK head-quartered drinks company Diageo in relation its accounting relating to to a series of breaches of the Foreign Corrupt Practices Act.
Business Crime: Dealing with Politically Exposed Persons (PEPs)
Dealing with politically exposed persons is already a hot potato and it is set to become hotter as financial institutions and regulators digest the recent report from the UK's Financial Services Authority. Nigel Morris-Cotterill, Head, The Anti...
When the organisers of Singapore's National Day parade wrote a spoof on the...
Insolvency: internet auction trading company closed by UK authorities
Trade Suites Limited was incorporated on 28 October 2008 and its registered office is at Hill Dene House, Main Street, Staxton, Scarborough. But...
Business Crime: Federal Court in Florida orders defendants to pay more than USD17 Million for Committing Fraud
A US Federal Court in Florida has ordered the payment of a penalty of more than USD17 million due to alleged fraud by a company and its officers....
Market Abuse: Sydney Company Director appears on market manipulation charges
Mr Hoong Kee Tang, a former director of Wintech Group Limited, which is in administration, has been arrested and charged with market manipulation...
Fraud: another 419.
Oh, yippee. Someone wants to pay us USD10 million to help them in a money laundering scheme. And yet, he wants us to give him some background on...
Biz Law Central
The Chief Officers' Network's Law and Business section is the global "BizLaw Central."
Nothing in business happens without some form of interaction with the law. From Health and Safety to Trade Contracts, from Employment Law to Intellectual Property. Every way you turn, you come into contact with regulations, permissions, licences and obligations. And somewhere in between you are supposed to make a profit.
In Law and Business, Chief Officers' Members contribute articles on the legal aspects of doing business.
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