163 results found

Far-reaching and critical amendments proposed by Bill S-14, An Act to amend the Corruption of Foreign Public Officials Act, received royal assent on June 19, 2013.

On January 20, 2018, the Court of Appeal for Ontario released its decision in the Appeal of Vadim Kazenelson ("Kazenelson") both his conviction and sentence appeal. Kazenelson was the Project Superintendent/Manager for the Metron Construction Incorporated ("Metron") project in Toronto that went terribly wrong on December 24, 2009.

Companies need to re-evaluate their compliance programs.

Transport Canada recently released guidance on the use and development of consent agreements to resolve contraventions (or perceived contraventions)

The SEC announced last week that Massachusetts-based technology company PTC Inc. and its Chinese subsidiaries will be required to pay more than $28 million in fines to settle parallel civil and criminal actions involving violations of the FCPA.

On Friday June 24, 2011, Niko Resources Ltd. (Niko), a TSX-listed international oil and natural gas exploration and production company, entered a plea of guilty to a single charge under Canada's Corruption of Foreign Public Officials Act (CFPOA), the first major public enforcement action Canada has taken since its 1999 proclamation.

Niko Resources Ltd. (Niko) pleaded guilty today to one charge of bribing a foreign official contrary to the Canadian Corruption of Foreign Public Officials Act (CFPOA).

On June 18, 2013, the Parliament of Canada passed legislation to amend the Corruption of Foreign Public Officials Act.

In a world of heightened sensitivity to breaches of duty and a statutory and regulatory regime which establishes extensive and detailed standards governing conduct, it is not at all unusual that corporations which suspect that there may have been a lapse of duty and consequential harmful impact may wish to be proactive and move to investigation of the matter on their own accord prior to any involvement by governmental authorities. In such circumstances, it is not unusual for corporations to enga

In a rather dramatic turn, the United States Department of Justice recently released a new memorandum outlining policies instructing prosecutors to focus their efforts to secure evidence against individuals, as opposed to their corporate employers responsible for corporate wrongdoing.

Recent reports alleging that an accountant defrauded a Toronto-area company of more than $1 million highlight the risks of granting financial authority to one employee without sufficient oversight, says Toronto forensic accountant Patricia Harris.

These include offences of fraud, insider trading, tipping, making a false prospectus, corruption, paying or receiving secret commissions, laundering the proceeds of crime, criminal breach of trust...

On Christmas Eve, 2009, four workers died and a fifth was seriously injured when the scaffold they were standing on to effect repairs to the exterior of an apartment building in Etobicoke, Ontario collapsed and fell thirteen stories to the ground below.

He is the author of 12 books, including Corporate Crime, Accountability and Social responsibility in Canada.

An Ontario Appeal judge has upheld an employer's conviction under the Occupational Health and Safety Act for failure to "block" a machine...

Canadian stock exchanges and securities regulators are likely to scrutinize option grants as a result of the latest governance scandal in the United States—backdating option grants to give executives a windfall.

As mentioned in our previous bulletin, the Government of Canada recently initiated a public consultation process regarding the adoption of Deferred Prosecution Agreements ("DPAs") in Canada.

The much-anticipated judgment in R v. Dunn, in which the former CEO, CFO, and Controller of Nortel Networks were prosecuted for fraud in association with inaccuracies in Nortel’s reported financial results, was released on January 12. All three were acquitted.