Whistleblowing Directive and U.A.E. Efforts Emerge As Key Anti-Corruption Trends

Anti-corruption advances proliferate across the globe, including in the E.U., Middle East, APAC and Latin America. The efforts of the U.A.E. and Saudi Arabia in taking on corruption stand out, as do the challenges companies face in navigating a patchwork of whistleblowing regulations. Hogan Lovells’ Global Bribery and Corruption Outlook 2024 (2024 Outlook), which predicts a year of shifting enforcement dynamics, addresses these developments and others, including compliance challenges in Latin America’s automotive sector and China’s focus on healthcare corruption. Among developments noted in the Middle East, the 2024 Outlook highlights the U.A.E.’s possible imminent removal from the Financial Action Task Force’s “grey list.” Meanwhile, Transparency International’s 29th annual Corruption Perceptions Index (TI Index) also pinpointed some positive and negative anti-corruption developments in Middle Eastern, European and Latin American nations. This article distills key findings in the 2024 Outlook and TI Index, with insights from Hogan Lovells partner Randall Walker. See “Speak-Up Technology: Can It Move the Needle on Workplace Culture?” (May 10, 2023).

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