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
Following our summary in March 2015, we have again summarized the main compliance benchmarking surveys which have been published over the past 12 months and summarized their results.
Baker & McKenzie has published the first edition of EMEA Corporate Liability Handbook 2015. The handbook covers 23 jurisdictions and answers the most important questions in connection with corporate liability.
Russia’s sanctions against Turkey will affect work and services provided by Russian legal entities...
On December 28, 2015 President Putin issued a new decree pursuant to which the provision of certain services and performance of certain work by Russian legal entities should be prohibited or restricted, if such legal entities are controlled by Turkish persons.
Antitrust risk re-assessment in newly concentrated markets: practical ways to preserve freedom from investigation
The economic literature explains that most markets tend towards oligopoly over the longer term. This does not necessarily imply that competition is impaired.
A Russian appeal court has upheld Teva's obligation to supply Copaxone to its distributor to compete against it at tender. The case endorses the Russian competition authority's tendency to define markets narrowly - and thus to find a supplier has a monopoly of this narrowly defined market - so as to force supply by "dominant" companies in circumstances that may make little economic sense.
On November 28, 2015 President Putin signed Decree No. 583 “On Measures to Ensure State Security and Protection of Russian Citizens from Criminal and Other Unlawful Actions and on Application of Special Economic Measures in relation to the Republic of Turkey”
Russia has started imposing trade restrictions on Turkey. It is highly likely that the Turkish-origin food products would be completely embargoed without validity term limitation of this measure, and there would be a complete ban on the provision of services by Turkish companies on the Russian market.