In a noteworthy trend picked-up by Trace International’s Global Enforcement Report, in 2014 non-U.S. enforcement actions concerning bribery of foreign officials outpaced U.S. enforcement actions for the first time. The widely held perception has been that only the United States enforces its anticorruption laws. The recently released report indicates enforcement by…
We asked Mini vandePol (Head of the Baker & McKenzie Global and Asia-Pacific Compliance Practice Group) and Joanna Ludlam…
We rarely think about emergencies before they arrive on our doorstep. Yet, the recent civil unrest in Baltimore…
Effectively managing corporate compliance efforts in today’s regulatory environment–preventing corporate officers and employee from engaging in illegal practices, while also addressing a wide array of other compliance and risk management concerns–presents a major challenge to multinational companies with extended enterprises. Although enforcement guidelines around the world vary in length, tone…
Various countries and their compliance-enforcing agencies request that companies have “adequate” compliance programs and organizations. But what does…
In late 2014, the trade associations for the Med-Tech and Diagnostics industries in Europe have recommended phasing out…
At today’s meeting of the European Foreign Affairs Council (“FAC”), the EU reiterated its readiness to designate “spoilers of the dialogue process in line with the UNSCR 2174 which allows for the listing of individuals who threaten the peace, stability or security in Libya, or who undermine its political transition.” The FAC…
On 14 November 2014 the General Meeting of the Civil Chamber of the Bulgarian Court of Cassation issued…
Baker & McKenzie has released its first global client survey on Social Media. Based on the responses from international…
The Organization for Economic Cooperation and Development (OECD) on December 2, 2014 released its first-ever analysis of anti-bribery on a global scale. 427 transnational bribery cases that occurred between February 1999 and June 2014 were reviewed. The key findings are: Almost two-thirds of cases occurred in four sectors: mining (19%);…