David Russell QC’s call in combating corruption

David Russell QC has recently co-written an article for Trusts & Trustees on the topic of the Panama Papers in which he analyses some of the implications that this data leak has for the role of confidentiality in today’s world.

The article draws attention on the fact that ‘(c)orruption is a crime of the powerful’ and, consequently, it has to be treated as such. David suggests therefore, that ‘courts and legislators should be astute to ensure the availability of appropriate remedies’.

When speaking about the regulatory remedies against corruption, David shows that it is not obvious what are their effects on corruption, apart from the one ‘on the availability of banking services through the so-called de-risking process’.

In these circumstances, David asserts that ‘something more is called for’.

To read the whole article and find out more about David’s findings and suggestions, follow this link.

David Russell QC is admitted to practice in Australia, England & Wales, the Courts of the Dubai International Financial Centre, New York (as a Legal Consultant), the Singapore International Commercial Court, New Zealand and Papua New Guinea.

He was President of the Taxation Institute of Australia from 1993 – 1995, and of the Asia Oceania Tax Consultants’ Association from 1996 – 2000.

News 6 Jul, 2016