This article provides a brief summary of thelatest developments in the banking sector in Kuwait, information on branches and representative offices of banks in Kuwait and anti-money laundering regulations.
Following our summary in March 2015, we have again summarized the main compliance benchmarking surveys which have been published over the past 12 months and summarized their results.
Baker & McKenzie has published the first edition of EMEA Corporate Liability Handbook 2015. The handbook covers 23 jurisdictions and answers the most important questions in connection with corporate liability.
The economic literature explains that most markets tend towards oligopoly over the longer term. This does not necessarily imply that competition is impaired.
In light of the recent technological developments in the field of communication based on the exchange of information through modern communication networks, the Kuwaiti national assembly recently issued Law No. 20 of 2014 (Regarding Electronic Transactions).
With the steady increase of global regulation and enforcement across all industries in today’s commercial world, the conduct by companies of independent and credible internal investigations is swiftly being recognised as a standalone area of expertise
Money laundering is often viewed as a victimless crime but the truth of the matter is that it is a very important cog to the machinery funding organized crime and terrorism across the globe. Learn how Kuwait is tackling the AML challenge.
This article summarizes the anti-corruption developments in the EMEA region (Europe, Middle East and Africa) during the first…
In a noteworthy trend picked-up by Trace International’s Global Enforcement Report, in 2014 non-U.S. enforcement actions concerning bribery of…
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)…