Tuesday 26 February 2013
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The Sovereign Wealth Fund Initiative April 2012 (FCPA and Other Anti-Corruption Concerns Facing Sovereign Wealth Funds)
Sovereign wealth funds wield a staggering amount of financial influence. Indeed, according to atleast one report, the total aggregate amount of assets under management by state-owned investment funds is approximately $4.8 trillion.Given all the money at issue, U.S. prosecutors have expressed a clear concern about the risk of corruption in dealings with these funds. Indeed, both the U.S. Dep...