On 15 March 2017, the President of Ukraine enacted the decision of the Ukrainian National Security and Defense Council to impose sanctions on five Ukrainian banks with the capital of Russian state-owned b
The Service on the Surveillance for Consumer Rights Protection and Human Well-Being of the Russian Federation has published today a draft law on the introduction of amendments into the Russian Code on Administrative Violations.
Transparency International has launched its latest 2016 Corruption Perception Index. China’s ranking continues to improve, moving up by four places from last year’s rank of 83 to a rank this year of 79. Find out more about the other highlights.
Baker McKenzie has created a one of its kind Anti-Corruption Risk-Map. The risk maps provide information on primary anti-corruption legislation and enforcement agencies, offences, defences and penalties in 55 countries.
US Sanctions Russian Intelligence and Security Services in Response to Alleged Election-Related Hacking
On December 29, 2016, the US government announced several measures in response to the Russian government's alleged "aggressive harassment of U.S. officials and cyber operations aimed at the U.S. election." The measures impose sanctions against nine Russian parties, including the Russian Federal Security Service.
New requirements for all Russian companies to identify their ultimate beneficiaries enter into force on 21 December 2016.
On 17 October 2016, Ukraine imposed new personal sanctions against 335 Russian individuals and 167 entities, and extended the sanctions imposed in September 2015 for one more year.
After several years of development, involving input from over 50 countries, the International Organisation for Standardisation (ISO) has finally published ISO 37001: Anti-Bribery Management Systems Standard - a new international standard designed to assist organisations worldwide in implementing and maintaining effective anti-bribery systems.
Baker & McKenzie released the 2016 edition of its Global Overview of Anti-Bribery Handbook. You can read the Handbook for free on Global Compliance News.
Companies that enable the use of instant messaging, social networks, operators of multiplayer games and various websites enabling user-generated content or messages and other companies supporting online communications may be required to retain and store the data and content