We are pleased to announce that the updated second edition of the Baker & McKenzie dictionary : Compliance and Governance from A-Z is now published.
In addition to the establishment of the Beneficial Ownership Central Register, the Law requires legal entities to maintain an updated record of the shareholders and persons controlling the company.
The German Federal Court of Justice ruled that a compliance management system can reduce a fine. What are the prerequisites?
We have summarized the results of the compliance studies of the past 12 months and summarized the results in this post. Find out how you measure up against the benchmark.
Singapore launched the Singapore Standard ISO 37001 on Anti-bribery management systems on 12 April 2017, following a public consultation.
The Municipal court in Prague ruled that criminal proceedings against a company will be terminated because the company "has used all efforts to prevent the commitment of the crime" by one of its managing employees and therefore fulfilled the conditions for its exculpation.
On 2 March 2017 the National Agency on Corruption Prevention approved the Typical Anti-Corruption Programme for Legal Entities. Certain legal entities must adopt an Anti-Corruption Programme in line with the Typical Programme.
Notorious frauds at many Global Fortune Companies highlight the importance of internal controls. In spite of the Sarbanes-Oxley Act of 2002 (SOX or SOA), external auditors continue to disclose large numbers of material weaknesses in internal control systems of many public companies.
Baker McKenzie's Aerospace & Defense Compliance Bullet highlights significant compliance developments relevant to companies in the Aerospace & Defense industry and offer practical guidance with respect to business operations in various regions.
Although issued without fanfare, the Evaluation Guidance represents the latest in a series of important communications by the Fraud Section outlining the DOJ’s expectations for effective corporate compliance programs.