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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 by 1 January 2018 all direct sponsorship of HCPs to attend educational conferences organised by third parties, as well as introducing stricter rules to control indirect sponsorship. The announcement by the European…

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%);…

The new Labour Act has introduced numerous changes of which some can be qualified as both significant and substantial. The changes entail alterations with regard to provisions which govern the duration of working hours, overtime work, execution of employment contracts, workers’ council, termination of employment contracts, strikes etc. Among others,…