Monday Compliance News - Around the World
/GCSG's Monday Compliance News is a compilation of some of the previous weeks interesting trade compliance, anti-bribery/corruption, fraud, and due diligence news bites, from around the world.
South Korea's Ousted President, Gets 24 Years in Prison | The New York Times
"Park Geun-hye, South Korea's impeached and ousted president, was sentenced on Friday to 24 years in prison on bribery and other charges in a case that exposed the entrenched, collusive ties between the government and huge conglomerates like Samsung." (Click here for the article) - South Korea
U.S. seeks about 20 years prison for Turkish banker in Iran sanctions case | Reuters
"U.S. prosecutors on Wednesday asked a federal judge to sentence a Turkish banker convicted of helping Iran evade U.S. sanctions to about 20 years in prison." (Click here for the article) - U.S., Turkey
Metro-Atlanta travel agency operators charged with Fraud scheme | US DOJ
"Elisabeth Greenhill and Jonathan Greenhill have been charged for running a fraud scheme that targeted faith-based and humanitarian groups conducting mission work overseas." (Click here for the article) - U.S.
Ukraine's Privatbank files $3 bn lawsuit against PWC subsidiaries | Reuters
"Ukraine's largest bank, PrivatBank, said on Monday it had filed a $3 billion lawsuit against the Ukrainian and Cypriot subsidiaries of international accounting firm PwC for alleged breaches during audits of the lender in 2013-2015." (Click here for the article) - Ukraine
Trudeau sees high chance of NAFTA deal with Mexico | Yahoo
"Canadian Prime Minister Justin Trudeau signaled Thursday he saw a strong chance of reaching a deal with the US and Mexico to revamp the North American Free Trade Agreement." (Click here for the article) - Mexico, Canada, U.S.
Third Gas Pipeline Data System Shuts One Day After Cyber-attack | RigZone
"A third U.S. pipeline company reported its electronic system for communicating with customers has stopped working, a day after a cyber-attack resulted in a similar shutdown." (Click here for the article) - U.S.
US and South Korea Reach Agreement on KORUS FTA | USTR Press Release
"...the United States and the Republic of Korea have reached an agreement in principle on the general terms of amendments and modifications to the United States-Republic of Korea Free Trade Agreement." (Click here for the article) - U.S.
