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SUMMARY:Approaches to enforce fiduciary duties of corporate officers: Civi
 l remedies or criminal penalties? - from the perspective of comparative la
 w - Alex Yu Wang
DTSTART:20080513T121500Z
DTEND:20080513T130000Z
UID:TALK11528@talks.cam.ac.uk
CONTACT:T.S. Thompson
DESCRIPTION:Corporate officers' breach of fiduciary duties such as insider
 \ntrading\, fraudulent accounting and breach of trust are treated differen
 tly\nin various jurisdictions. In the USA\, in response to the scandals su
 ch as\nEnron\, the Sarbanes-Oxley Act has marked the increased use of crim
 inal\npenalties to enforce fiduciary duties\, which is a shift away from t
 he\ntraditional use of civil remedies in corporate law. However\, in other
 \ncountries\, there is a call to resort less to criminal penalties and to\
 nextend the application of civil remedies. There is no universally right\n
 approach\; each jurisdiction should take its own situation into\nconsidera
 tion.\n\n
LOCATION:Entertaining Room\, Darwin College
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