News & Events
News & Events
Alex Haines and Jeremy Scott-Joynt are instructed in a case involving the criteria for reclassification from Economist to Financial Sector Expert for an international civil servant before the International Monetary Fund Administrative Tribunal (IMFAT) in Washington DC. The case deals not only with the personal consequences of the IMF’s decision for the Applicant, but also with the novel issue of whether a regulatory gap – in this case the lack of formal criteria (being in fact unpublished, undisclosed and rarely applied) – is within the IMFAT’s jurisdiction. The International Monetary Fund (IMF), having been conceived in July 1944 at the Bretton Woods Conference in New Hampshire, formally came into existence on 27th December 1945 when its first 29 member countries signed its…
News, International 6 May, 2022
As the lockdown persists and businesses become more desperate, Fiona Horlick QC and Jeremy Scott-Joynt look at why this could mean more corporate bribery and corruption. With spare bedrooms or kitchen table corners continuing to do double duty as office space, many businesses – particularly those whose trade has shrunk – will be aching for a return to normality. However, normal may not return for a long time. Supply chains may shorten. Working practices may change. Long-settled business relationships may be sundered as partners may have ceased to trade. Battered businesses will be desperate for new deals as they seek to keep their staff working. In other words, it’s a perfect time to bribe someone – and the ultimate test…
Business Crime, Covid-19, Business Crime during Covid-19, News 24 Apr, 2020
