MoFo FCPA and Global Anti-Corruption Team: “Top Ten International Anti-Corruption Developments for October 2015”

In order to provide an overview for busy in-house counseland compliance professionals, we summarize below some of the most important international anti-corruption developments in the past month with links to primary resources. October saw another SEC-only corporate FCPA settlement, an explanation from DOJ as to why theapparent decrease in volume of FCPA criminal actions does not mean anti-corruption is no longer an enforcement priority, an important ruling in an FCPA whistleblower case, and a variety of other anti -corruption developments in the U.S. and abroad.

Global Financial Literacy – Among Developed Nations, Japan Ranks Low, Just Slightly Higher than Italy

On the link below, you can download S&P's report comparing global financial literacy in various countries.  (See definition below.) S&P asked four simple questions about things like how interest works and ranked countries based on the percent of correct responses.  At 41%, Japan has a relatively low score among developed nations, which ranks it just above Italy in most respects. 

Kiyoshi Kurokawa’s Blog: Visualizing Fukushima – Nuclear Accident Independent Investigation Commission Report (NAIIC)

Thirty months or two and a half years have already passed since the Fukushima nuclear accident. How have TEPCO and the Japanese government been dealing with the aftermath of the accident? The international community which has watched them with serious concerns may have been stunned with their substandard information disclosure and communication skills. The overseas media has covered this issue with as much interest and concern as the conflict in Syria.

It has already been fourteen months since the NAIIC submitted its report to Diet as the first independent investigation commission in the constitutional history of Japan.

Raising awareness about the report to the national public and making it easy to understand was not a task assigned to the Commission. However, I’m pleased to announce that there are young people who have taken up the job.

Thanks To Konan Insurance Brokers For Their Support Of BDTI!

Our friend Isaku Murakami, a strong supporter of BDTI, reports, that the 2015 BIO Tech Exhibitions was a huge success to hand out 400 candy-box including the Flower Designed Cards(insurance summary in the back) and also distribute 200 copies of BDTI's Corporate Governance Brochure during the 3-day convention held at the Tokyo Big Sight, which had 10,436 visitors.