At the time of significant changes in Brazilian anti-corruption legislation and enforcement scenario, as well as increased civil society awareness and participation in the fight against corruption, the Compliance Officer can play a significant role and make the difference.
As two of the four female leaders of Baker & McKenzie’s Global Compliance & Investigations practice, we express in this article our view that gender-diversity in the boardroom is a valuable asset in the pursuit of ethical commercial practices.
Environment Canada’s Chemical Management Plan continues its investigation into substances which have previously been listed on the expansion into substances previously listed on the CMP’s Domestic Substances List as approved for use in Canada.
The Office of the Comptroller General issued guidance entitled Compliance Programs – Guidelines for Private Companies clarifying the elements of compliance programs set forth in the Clean Companies Act and further regulated by Decree 8.420/2015.
The Higher Regional Court in Munich ruled that the management of a parent company may have a supervisory duty which is not limited to the partent company itself, but which extends to the group of companies.
The National Assembly of Vietnam approved the new Enterprise Law to improve the legal framework for investment and corporate governance in Vietnam. It took effect on 1 July 2015. The new Enterprise Law introduces significant changes to the governance structure of companies.
The recent reform of the Criminal Code (‘Reform’) specifically provides for corporate criminal liability, as contained in Article 31 bis of the Criminal Code (‘CC’). It expressly establishes that corporations will be exonerated if they have implemented compliance programmes, which must meet certain requirements and include specific contents. The role…
On June 18, the U.S. Justice Department (“DOJ”) announced the results of a nationwide sweep conducted by the…
On July 21, 2015, the World Bank’s Board of Executive Directors approved a new policy governing procurement in…
According to consulting firm Protiviti’s 2015 Sarbanes-Oxley Compliance Survey, the costs of Sarbanes-Oxley Act compliance continue to increase, even though the statute has been on the books for 13 years. Factors that have prevented SOX compliance costs from reaching a steady state include the new COSO internal control framework (see…