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Corporate crime is a kind of "white-collar crime" where people commit crimes for the advantage of their employer while working in their legal jobs. Such persons generally do not think of themselves as criminals, nor do they consider their behaviours criminal. Professional white-collar crime, or crime done by those who identify as criminals and make crime their only source of income, is related to corporate crime. Corporate crime, encompassing illegal activities such as fraud, money laundering, tax evasion, and insider trading, poses significant threats to the stability and integrity of the international financial system. Such crimes undermine market trust, distort competition, and introduce systemic risks, often leading to financial crises and global economic disruptions. High-profile corporate scandals erode investor confidence, prompting stricter regulatory measures and increasing compliance costs for businesses worldwide. Furthermore, the cross-border nature of many corporate crimes amplifies their impact, affecting international trade, diplomatic relations, and economic stability. Addressing this global challenge requires coordinated efforts between nations, robust enforcement of regulations, and the promotion of ethical business practices to safeguard the financial system's credibility and sustainability. Corporate fraud poses a significant threat to the integrity of global financial markets, eroding investor confidence, disrupting economic stability, and undermining regulatory frameworks. The Satyam scam, one of India's largest corporate frauds, exposed critical weaknesses in corporate governance, financial reporting, and regulatory oversight, leading to severe repercussions on stakeholders both domestically and internationally. The scandal not only resulted in massive financial losses but also highlighted the challenges associated with detecting and preventing fraudulent practices in a rapidly globalizing economy. Despite existing regulations and auditing mechanisms, the Satyam case demonstrated how systemic failures within corporations can deceive stakeholders for extended periods, Which ultimately impacting stock markets, foreign investments, and the reputation of emerging economies. This issue raises critical concerns regarding the effectiveness of corporate governance policies, the role of auditors in financial transparency, and the need for more robust international cooperation to prevent similar financial crimes. The problem, therefore, lies in identifying the gaps in corporate governance and financial oversight that allowed such fraudulent activities to persist, understanding their far-reaching consequences on the international financial system, and exploring strategies to strengthen regulatory mechanisms to prevent future occurrences. Addressing these concerns is crucial to ensuring sustainable economic development and maintaining investor trust in the global marketplace. My aim and objective in this paper is to study about how corporate crimes affects international financial market at large and what steps are taken by the Appropriate authorities around the world. What legal frameworks are there to prevent such crimes. These crime affects the market which don't affect society in a direct way but slowly affects the financial structure of the society at large. Somehow corporate crimes not only disrupt financial systems but also violates the human right for their own benefits. As discussed in lafarge cement case study, international laws are not very well deployed to counter human rights violation . These corporate giants have money and influence in poor region to counter these allegations. As in legal field jurisdiction is of utmost importance. Internationally these jurisdiction plays as a hurdle to the justice. Access to justice can be limited due to factors like corruption, lack of legal expertise, or economic dependency on the corporation for jobs and development. Local authorities may hesitate to investigate or prosecute large corporations out of fear of economic retaliation or political pressure. This allows companies to sometimes evade accountability, despite credible evidence of corporate crimes such as environmental damage, labour exploitation, or illegal payments. Major hurdle is the issue of jurisdiction in international law. Jurisdiction refers to the authority of a legal body to hear and decide a case. In cases of corporate crime, especially when it involves operations across borders, it is often unclear which country's courts have the authority to try the case. Even when a corporation commits violations in a developing country, legal action must often be pursued in the home country where the corporation is headquartered--which can be legally complex, expensive, and time-consuming. Moreover, different countries have different standards of evidence, legal definitions of crimes, and procedural rules, making cross-border litigation extremely challenging. Some corporations exploit these jurisdictional gaps by structuring their businesses in a way that makes prosecution more difficult--for instance, using subsidiaries or shell companies in countries with lax enforcement. This legal fragmentation acts as a barrier to justice, allowing powerful entities to avoid full responsibility for their actions.