The Criminal Code was amended through Organic Law 1/2019 (the “Law”) to incorporate certain EU Directives, specifically Directive 2014/57/EU of the European Parliament and of the Council of 16 April 2014 on criminal sanctions applicable to market abuse; Directive 2017/541/EU of the European Parliament and of the Council of 15…
Following the adoption of amendments to the Code on Public Health and Healthcare System, which introduced for the…
Ahead of the Baker McKenzie African Transactional Summit taking place in Johannesburg in May 2019, Baker McKenzie lawyers based…
On April 30, 2019, the Assistant Attorney General for the Department of Justice’s Criminal Division, Brian Benczkowski, announced the publication of an updated version of the Department’s Guidance Document on Evaluation of Corporate Compliance Programs (the “Revised Evaluation Guidance”). This is an update to the original version of the Department’s…
Despite geopolitical shifts, uncertainty and various factors that seem to affect numerous sectors, the global luxury and fashion…
Our world has never been more connected – by technology, manufacturing, trade, supply chains, tourism and popular culture…
The settlement agreement has been signed, hands have been shaken, and what seemed to be an endless string of meetings and update calls with the counsel and the government, has come to the end. But not all companies that reached Foreign Corrupt Practices Act settlements with the U.S. Department of…
On April 10, 2019, Decree No. 258/2019 (the “Decree”) was published in the Official Gazette. The Decree approved…
Greater scrutiny into financial crimes The newly enacted Federal Law No. 20 of 2018 on Anti-Money Laundering Law…
The CGU – a law enforcement entity – has given greater clarity on how each criteria provided by the law will be taken into consideration in the calculation of fines imposed on companies involved in punishable acts of corruption. Providing more detail on how the different criteria should be taken…