PPT-Corporate financial penalties for cartel conduct in Australia: A critique

Caron BeatonWells and Julie Clarke CLEN Discussion Group 28 March 2018 Context 2 Deterrence Private actions Individual sanctions criminal especially Corporate nonfinancial sanctions. Guy Ficco . Supervisory Special Agent. May 22, 2012. Introduction to IRS. Criminal Investigation. CI’s Mission. In support of the overall IRS Mission, Criminal Investigation serves the American public by investigating potential criminal violations of the Internal Revenue Code and related financial crimes in a manner that fosters confidence in the tax system and compliance with the law. . An insight from the ACCC. Richard Fleming. Deputy . General Manager. Compliance and Enforcement Policy. Implementation and Coordination . Enforcement . and Compliance . Division. richard.fleming@accc.gov.au. Robert Lavet. Miriam Lefkowitz. Victoria McKenney . Summary. . In . the current political and regulatory environment, government oversight and enforcement activities are increasing rapidly; internal and external scrutiny over corporate and accounting practices is at an all-time high. Prompt and thorough internal investigations of allegations of mismanagement and potential misconduct are critical to respond to a governmental investigation or threatened litigation. . The challenges we face in . incentizing. companies to elect to cooperate in our investigations, even as the costs of cooperation continue to rise dramatically. Transitioning to criminal sanctions – the pathway out of purgatory. The . Zambian Case. 2013 ICN Cartel Workshop. Chester Njobvu . Investigator . Competition & Consumer Protection Commission . 1. Sectors. Agricultural Sector . Same two firms winning tender to conduct the Farmer Input Support Programme (FISP). Robert Lavet. Miriam Lefkowitz. Victoria McKenney . Summary. . In . the current political and regulatory environment, government oversight and enforcement activities are increasing rapidly; internal and external scrutiny over corporate and accounting practices is at an all-time high. Prompt and thorough internal investigations of allegations of mismanagement and potential misconduct are critical to respond to a governmental investigation or threatened litigation. . Other people’s money. Linked in!!. Financial counselling is a profession and a community with its own set of rules and values. Australian Financial . Counsellors. and Credit Reform Association. Diversity of workforce and clients. AFIN . 209 . mo.simwami@gmail.com. Miss faith . moono. . simwami. objectives. understanding . of the nature and role of financial management.. understanding . of the general financial environment and the operation of financial . Miguel de la Mano*. Compass . Lexecon. Views expressed are my own and do not necessarily reflect those of Compass . Lexecon. or its clients. AntitrustItalia. – 1 July 2016. The most important number. , . Waste & Abuse. New River Valley Community Services. Orientation and Annual Training. Why does NRVCS need a Code of Conduct?. We are a business and want to maintain ethical business practices.. Firms. William E. . Kovacic. Robert C. Marshall. Michael J. . Meurer. July . 23, 2018. Explicit collusion review. Central issue for a cartel is secret deviations. Structures are put in place to mitigate cheating. 2. 8. March 2018, . Melbourne. , Australia. Pedro Caro de Sousa. and Sean Ennis. Competition Expert. and Senior Economist. OECD. . Drafting the Report. Structure of the Report. Setting Pecuniary Penalties in Australia. WEEK 1- MGM4136 PREPARED BY PUAN HAMIMAH (TO BE USED AS GUIDELINES AS STUDENT PREPARING THEIR SPECIFIC TOPIC FOR THE ASSIGNMENT.. 1. Corporate governance is a field in economics that investigates how to secure efficient management of corporations by the use of incentive mechanisms, such as contracts, organizational designs and legislation. This is often limited to the question of improving financial performance, for example, how the corporate owners can secure that the corporate managers will deliver a competitive rate of return,. The Future of Corporate Reporting London, 16 May 2016 Mark Vaessen Chair FEE Corporate Reporting Policy Group 1 FEE fostering the debate 2 Growing audience Content: financial and non-financial reporting