A UK court recently concluded that even when there’s ample evidence demonstrating connections to another state, UK courts may nonetheless affirm their own jurisdiction, if there are at least some connections providing a basis to do so.… Continue Reading
Russian telecom MTS joined our Top Ten list last week at number three. It knocked Och-Ziff off the list, and that means nine of the ten biggest FCPA cases of all time now involve non-U.S.… Continue Reading
Corporate investigations in Russia are conducted in a heavily regulated environment. They are further complicated by numerous practical challenges. Observing the legal and factual requirements is like navigating through a minefield.… Continue Reading
As previously reported, Russia recently amended its corporate bribery statute (Article 19.28 of the Code of Administrative Violations) to allow companies to avoid prosecution if they assist in the discovery or investigation of the offense or if they can prove that the bribe was extorted. … Continue Reading
Due diligence in Russia has never been simple. Two recent developments make it more complicated. One makes business more transparent. Sort of. The other makes it less transparent. Foreign companies working in Russia will place themselves at peril if they don’t pay close attention to both.… Continue Reading
The British press reported over the weekend that a Russian interior ministry official could become the next leader of Interpol, despite concerns that the Putin regime has abused the agency to target political opponents.… Continue Reading
The Pennsylvania-based consultant who bribed an officer at the European Bank for Reconstruction and Development for loan approvals lost his appeal against a 60-month prison sentence for violating the Foreign Corrupt Practices Act.… Continue Reading
On August 14, 2018, new amendments to the Russian Code on Administrative Offenses (Administrative Code) related to bribery by legal entities went into effect. The new provisions establish conditions exempting companies from liability for bribery if those companies assist authorities in uncovering and investigating misconduct.… Continue Reading
Only yesterday they were pimply FCPA nerds. But a strange thing happened. They morphed into the cool kids.
Today’s compliance officers are famous and wanted.
Here’s some evidence.