Kuwait's government passed an anti-corruption draft law on Sunday, which includes articles on financial disclosure and money laundering, with penalties of up to seven years in prison, the state news agency Kuna reported.
The crimes cov
Dubai International Financial Centre (DIFC), the onshore hub for global finance, recently discussed the economic crisis as well as compliance and benchmarking at financial hubs with a globally recognised expert in transparency issues.
Countries will need to become more vigilant against corruption in order to attract long-term investment once the current financial crises has abated, said an anticorruption expert from PricewaterhouseCoopers (PwC).
PwC partner David Jansen