Addressing corruption crimes that undermine investment development opportunities. Comparative study between Kuwait and United Kingdom
Prejal Shah
Law - Brunel University - The University of Lincoln
Abstract
This research examines the current scenario surrounding corruption in Kuwait and the United Kingdom and compare the situation. Crimes in investment arenas and the role played by the International Monetary Fund (IMF) and their impact on policy making relating to foreign investment in both the comparative countries. This research will seek to offer any reform relating to the role played by the IMF in curbing the alleged corruption in these countries. The initiative taken by the Kuwait government by involving IMF and government’s financial intelligence unit is worth examining. Issues relating to the training, regulation, regulatory body and its functions might offer an insight into the effectiveness of this organisation in curbing corruption. This paper will look at various allegations of corruption in the IMF and offer a critical analysis of this aspect. Defence related to different levels of corruption and issues such as transparency, legitimacy, and the criminalisation of corruption will also be examined. This paper also seeks to look at methods for creating a sustainable environment for foreign investors. This paper seeks to explore avenues for assuring transparency and regulation by law to foreign investors in both Kuwait and the United Kingdom. More particularly, this will look into anti-corruption policies and if they have worked in either jurisdictions and if there are lessons that can be learnt from one another.
Keywords
Corruption crimes, Comparative law, Kuwait and United Kingdom, investment related crimes.
