Having looked comparatively at the approaches of certain authorities around the world to addressing and mitigating the risks associated with cryptocurrencies, our attentions now turn to the emerging position of regulators in the U.S., which is often considered the world’s second-largest cryptocurrency market. In the first two parts of this three-part post, we examined “cryptocompliance” … Continue Reading
Facilitation payments are no longer exempt under Canada’s Corruption of Foreign Public Officials Act. On October 30, 2017, Global Affairs Canada, which manages diplomatic relations and promotes international trade, announced the end of the exemption. This change was initiated in 2013 but delayed to give companies time to adjust their policies and procedures. Effective October … Continue Reading
