On November 12, 2015, President Barack Obama issued Executive Order 13710 ending sanctions related to the Republic of Liberia originally put in place in 2004. On November 23, 2015, President Obama issued an Executive Order imposing sanctions related to the Republic of Burundi primarily due to “the killing of and violence against civilians, unrest, the incitement of imminent violence, and significant political repression” occurring in Burundi
The White House issued a “Fact Sheet” summarizing the outcome of the meetings between President Xi and President Obama with respect to areas in which the United States and Chinese governments agreed “to work together to constructively manage our differences” and decided “to expand and deepen cooperation.”
The Ontario Court of Appeal has recently released its decision in R. v. Michaud, 2015 ONCA 585 . This decision is of importance as the Court’s endorsement of the hybrid model of ex ante / ex post legislation has the effect of recognizing the role of risk assessment as a legal necessity.
U.S. enforcement authorities in FCPA matters place great emphasis on obtaining and analyzing relevant documents, data, and other reviewable information. For this reason, it is incumbent upon any company in a cooperative posture with the government to disclose as much relevant, non-privileged information as practicable.
The U.S. Treasury Department’s Office of Foreign Assets Control and the U.S. Commerce Department’s Bureau of Industry and Security announced amendments to the Cuban Assets Control Regulations and the Export Administration Regulations in a continuing effort to relax certain aspects of the U.S. embargo against Cuba.
The SEC’s ongoing battle against cybersecurity issues continued this week. On September 22, 2015, the SEC sanctioned registered investment adviser R.T. Jones Capital Equities Management, Inc. for failing to adopt written policies and procedures reasonably designed to safeguard consumer information in violation of the SEC’s Safeguards Rule (Rule 30(a) of Regulation S-P).
Deputy U.S. Attorney General Sally Quillian Yates issued a memorandum to all attorneys of the United States Department of Justice entitled “Individual Accountability for Corporate Wrongdoing”. How does it affect your business?
Holding company employees criminally responsible for corporate misconduct is easier said than done. We analyze why the Justice Department, which routinely concludes multimillion-dollar criminal settlements with the world’s largest corporations, struggles to convict individuals associated with the alleged misconduct?
It is our pleasure to present the first edition of Baker McKenzie’s Global Overview of Anti-Bribery Laws Handbook (“Handbook”). Given the success of last year’s Overview of Anti-Bribery Laws in EMEA, we have now expanded our coverage to legislation and developments in 47 jurisdictions this year. We appreciate that it…
On May 18, 2015, the U.S. Commerce Department’s Bureau of Industry and Security (“BIS”) issued additional guidance on due diligence measures that U.S. exporters should take to prevent unauthorized exports to Russia of items (i.e., goods, software, technology) subject to the Export Administration Regulations, 15 C.F.R. Part 730 et seq.…