We asked Mini vandePol (Head of the Baker & McKenzie Global and Asia-Pacific Compliance Practice Group) and Joanna Ludlam (Head of the Baker & McKenzie EMEA Compliance Practice Group) 10 questions about current compliance trends and developments. Here are their answers which every compliance professional should read attentively: Mini vandePol (Hong Kong)…
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,…
Various countries and their compliance-enforcing agencies request that companies have “adequate” compliance programs and organizations. But what does that mean? One option to determine whether a compliance program and organization is adequate is to compare the company’s own program and organization with the compliance efforts of other companies (industry standard).…
In late 2014, the trade associations for the Med-Tech and Diagnostics industries in Europe have recommended phasing out…
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%);…
On 3 December 2014, Transparency International (“TI”) launched its latest Corruption Perceptions Index (“CPI”) 2014. The CPI ranks countries…
To prevent the circumvention of international sanctions relating to the situation in Ukraine, Switzerland will, with effect from…
3 November 2014 – By decision of September 23, 2014 the Swiss Federal Administrative Court (“Court”) set aside a decision of the Swiss Competition Commission (“Comco”) by which four undertakings in the window fitting market were fined an aggregate of more than CHF 7 million due to illegal price fixing. The…