Compulsory voting / Laos-South Korea cooperation / China clarity

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COMMENTARY: Does Compulsory Voting Increase or Decrease Corruption? (Preliminary Thoughts)." [This] seems to me an interesting question, and I can see a few arguments cutting both ways. So, without reaching any firm conclusions, let me first sketch out a few reasons why compulsory voting might reduce corruption, and then suggest a few reasons why compulsory voting might increase corruption."

Read the post by Matthew Stephenson, editor in chief, the Global Anticorruption Blog.

INFO: Cooperation between Laos and South Korea to combat money laundering and terrorism-financing. On 16 December 2015, the Anti-Money Laundering Intelligence Unit (“AMLIU”) under the Bank of the Lao PDR and the Korea Financial Intelligence Unit (“KOFIU”) signed a memorandum of understanding with regards to anti-money laundering and combatting the financing of terrorism (“AML/CFT”).

Read the article by Fred Burke, in Global Compliance News.

INFO: Proposed Amendments to the PRC Anti-Unfair Competition Law Provide Greater Clarity on Commercial Bribery and Impose Tougher Sanctions. On 25 February 2016, the State Council released for public consultation draft amendments (“Draft Amendments“) to the PRC Anti-Unfair Competition Law (“AUCL“), the first time after more than 20 years since the AUCL’s enactment.

Read the article by Mini vandePol, Simon Hui, and Vivian Wu, in Global Compliance News.

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