On January 25, 2015, a law creating a new anti-corruption bureau entered into force. The Bureau will be empowered to investigate misconduct by high-level public officials. While Ukraine has seen its share of ineffective anti-corruption agencies, this one may be different, for three reasons: The law contains several provisions designed to…
EU relations with Russia were the subject of an “in-depth discussion” during yesterday’s meeting of the EU Foreign…
Baker & McKenzie has released its first global client survey on Social Media. Based on the responses from international…
On 18 December 2014, the European Union significantly extended its trade sanctions in relation to Crimea and Sevastopol. Regulation 1351/2014 (“the Regulation”) amends Regulation 692/2014 as amended by Regulation 825/2104. The main elements of the new regulation are as follows: a very significant extension of restrictions on the areas already covered in…
The Organization for Economic Cooperation and Development (OECD) on December 2, 2014 released its first-ever analysis of anti-bribery…
On 3 December 2014, Transparency International (“TI”) launched its latest Corruption Perceptions Index (“CPI”) 2014. The CPI ranks countries…
GCB is a landmark judgment with important implications for the European Commission and member states applying EU competition law, as well as the companies whose arrangements are scrutinised by those agencies.[1] The judgment applies the brakes to the Commission’s expansive approach to the notion of when a restriction is anticompetitive…
Earlier this week, the US Commerce Department’s Bureau of Industry and Security (“BIS”) posted 30 FAQs and responses…
The following topics are included in the Ukrainian State Anti-Corruption Policy (National Anti-Corruption Strategy) for the yeards to…
A law requiring an upfront disclosure of beneficial ownership of companies to the Ukrainian authorities has been signed by the President. All companies previously registered in Ukraine will be required to disclose their ultimate beneficiaries in a public register. They will have six months from the date when the law…