World Bank Accountability Act of 2017

World Bank Accountability Act of 2017 Would Condition Certain U.S. Appropriations on World Bank’s Anti-Corruption and Counter-Violent Extremism Performance and Authorize Trump Administration’s Request to Reduce Funding to IDA  On July 25, 2017, the House Financial Services Committee will meet to markup H.R. 3326, the “World Bank Accountability Act of 2017.” H.R. 3326 was introduced

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Maryland Banking Regulation: Commercial Bank Directors State Residency

Commercial banks in Maryland will soon have an added degree of latitude in selecting their directors. On April 18, 2017, Governor Hogan approved Maryland Senate Bill 206, Financial Institutions – Qualifications of Directors of Commercial Banks – Residency (the “Amendment”). The Amendment, which repeals and reenacts, with amendments, Section 3-403 of the Maryland Code, Financial Institutions Article,

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State-Owned Enterprises and Anti-Corruption Enforcement

Anti-Corruption Enforcement and State-Owned Enterprises: Understand Unique Risks and Incentivize Compliance State-owned enterprises (SOEs, including sovereign wealth funds) are prominent players in international business. Given their ownership, SOEs have garnered scrutiny for their lack of transparency and heightened anti-corruption and anti-money laundering risk, as have individual SOE executives and other personnel who qualify as Politically

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After Election 2016: 5 Legal and Business Issues to Watch in 2017

Download Infographic The dismantling of Obama-era laws and regulations, broader deregulation, and economic and political nationalism were and remain themes of the 2016 U.S. Election and presidential transition period. Donald Trump and members of the incoming Republican-controlled Congress have singled out for repeal or significant modification the Affordable Care Act (aka “Obamacare”) and the Dodd-Frank

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New Rules of Business Conduct Regulation Require Fresh Risk and Compliance Thinking

Traditionally businesses have looked to contractual terms, industry groups, legislatures, regulators and other conventional authorities to identify and manage commercial, legal, and compliance requirements and risks. In today’s interconnected, information rich, and reputation-conscious business world, this model is outdated and insufficient. It creates blind spots that can expose businesses to commercial, legal, and compliance risks

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Entrepreneurial Governance Creates Value for Emerging Markets Enterprises

Money is Not Enough Emerging Markets Enterprises Need Entrepreneurial Governance to Achieve Strategic Objectives in a Changing Environment Changing Economic and Operating Conditions Compel Strong Governance Absolute and relative economic gains in emerging markets in recent years have propelled many private and state-owned Emerging Markets Enterprises (EMEs) to the forefront of global business. With cash

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