The Russian State Duma is planning to impose limitations on government procurement of foreign software products (draft Law No. 7646787-6, introduced to the State Duma on April 9, 2015). According to the draft law, the Russian Government should establish a state register of “Russian software programs”. A software program would…
We rarely think about emergencies before they arrive on our doorstep. Yet, the recent civil unrest in Baltimore…
The European Commission’s Digital Single Market (“DSM”) agenda was launched on May 6, 2015 combining a wide ranging…
Effectively managing corporate compliance efforts in today’s regulatory environment–preventing corporate officers and employee from engaging in illegal practices, while also addressing a wide array of other compliance and risk management concerns–presents a major challenge to multinational companies with extended enterprises. Although enforcement guidelines around the world vary in length, tone…
On April 26, 2015, a new law requiring companies to have compliance programs came into effect in Ukraine. …
In an effort to harmonize Turkish environmental protection standards with those of the European Union, on April 2,…
In response to a recent series of fraud in the Hungarian investment sector, the Hungarian Parliament amended the Criminal Procedure Code to impose more stringent regulation on asset freezing in case of white collar crimes committed in connection with financial services. The amendment also authorizes courts to freeze managers’, board…
Australia imposed targeted financial sanctions and travel bans relating to Russia against designated persons and entities in June…
Various countries and their compliance-enforcing agencies request that companies have “adequate” compliance programs and organizations. But what does…
European Union regulators plan to open a year-long extensive investigation into e-commerce as part of their efforts to remove online sales barriers and boost cross-border trade in the 28-nation bloc. – A move that may lead to antitrust actions against companies which deliberately block online sales. Online retailers face an…