EU to counter money laundering – company owners required to be listed on national...
On December 17, 2014, EU law makers within the European Parliament and the Council of Ministers have reached political consensus on tougher anti-money laundering...
Social Media Survey – How Corporates Engage and Manage Risks
Baker & McKenzie has released its first global client survey on Social Media. Based on the responses from international clients across a range of 14...
New Italian Fining Guidelines may encourage compliance programmes and more self-reporting of cartels
The Italian Antitrust Authority (Authority) recently published its Guidelines on calculating fines for serious breaches of national or EU competition law. In line...
OECD’s Foreign Bribery Report released: Three-fourths of cases involved intermediaries
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...
Transparency International Launches the Latest Corruption Perceptions Index 2014 – China Loses Ground
On 3 December 2014, Transparency International ("TI") launched its latest Corruption Perceptions Index ("CPI") 2014. The CPI ranks countries and territories based on how corrupt their...
In Search of The Obvious: Groupement des Cartes Bancaires and ‘By Object’ Infringements under...
GCB is a landmark judgment with important implications for the European Commission and member states applying EU competition law, as well as the companies...
Italy: Competition Compliance programs a mitigating factor for fines imposed by the Italian Antitrust...
On October 31, 2014 the Italian Antitrust Authority ("Authority") published its Guidelines on the criteria to be followed in order to quantify the administrative...
Snapshot: Credit for antitrust compliance programs around the world
Last week we analyzed the view of US antitrust enforcers on the existence of a compliance program when assessing the punishment for cartel violations....
EU: New time limits for contractually agreed payment terms
On July 29, 2014 the law on combating late payment in commercial transactions came into force. It serves to implement the Directive 2011/7/EU of...
Mandated Corporate Social Responsibility Reporting: Coming Soon to a Country Regulating You
Disclosure of environmental, human rights and social risks is moving from its home between the glossy pages of voluntary reports into the hard-nosed realm of mandatory legal requirements, as evidenced by recent developments in the European Union and India.