Search for:

Anna Lamut

Anna Lamut is a registered foreign lawyer in Baker McKenzie's Hong Kong office.

On 24 June 2020, the China Banking and Insurance Regulatory Commission (CBIRC) issued a circular on Carrying out the Follow-up Checks for the Rectification of Market Problems in the Banking and Insurance Sectors (the “Circular”). The CBIRC proposes to launch follow-up checks to review the steps taken to correct industry problems identified in the past three years following some high-profile cases, particularly in the areas of corporate governance, risk management and repeated violations of several laws and regulations.

Our alert sets out a brief summary of key “follow-up” checks outlined in the Circular and provides some practical tips that we have developed from our own experience on how companies can ensure their compliance programs satisfy the guidelines. More information can be found in our guide on 5 Essential Elements Of Corporate Compliance.

On 22 June 2020, the US Court of Appeals for the Second Circuit affirmed the convictions of two foreign nationals, Juan Angel Napout and Jose Maria Marin, former officials of the Fédération Internationale de Football Association (FIFA) and the Confederación Sudamericana de Fútbol (CONMEBOL), for conspiracy to commit honest services wire fraud. The Second Circuit held that the use of US wire services could be sufficient in itself to confer US jurisdiction over foreign nationals in such prosecutions, even if the remainder of the fraudulent scheme took place outside of the US. 

In 2017, Napout and Marin were convicted of conspiracy to commit honest services wire fraud (among other charges) after the jury found that they had accepted bribes from media and marketing companies in exchange for giving them broadcasting and marketing rights in connection with football tournaments under their control. In 2019, the pair jointly appealed their convictions, which the Second Circuit affirmed.

Read publication in Chinese  As COVID-19 continues to spread worldwide, more and more governments are implementing heavy travel and work restrictions on individuals and companies. For many companies, these restrictions have severely disrupted or even halted business operations. Their priority is to implement alternative arrangements to ensure that the frontline…

Amendments to FCPA Corporate Enforcement Policy In March 12, 2019, the US Department of Justice (DOJ) modified the FCPA Corporate Enforcement Policy (the “Policy”). This Policy credits corporations that voluntarily self-disclose, provide full cooperation, and demonstrate timely and appropriate remediation in FCPA matters with a presumption of declination absent aggravating…