Ukraine: Upfront Disclosure of Beneficial Ownership Now Required

A law requiring an upfront disclosure of beneficial ownership of companies to the Ukrainian authorities has been signed by the President. All companies previously...

May a German stock corporation pay fine against director?

On 8 July 2014, the German Federal Court of Justice handed down a recently published decision which clarifies under which circumstances a German stock...

Existence of Compliance Program Will Not Lessen Punishment for Cartel Violations:...

Violation Means Compliance Program Was By Definition Ineffective Stark Contrast With New Draft Canadian Guidance In a pair of noteworthy and ultimately...

New Compliance and Disclosure Requirements for China Subsidiaries

In previous years, foreign-invested enterprises (“FIEs”) and their branches in China had the certainty that they would need to undergo the annual inspection filing...

Proposal to Expand Corporate Criminal Liability for Economic Crimes in the...

For some time, a number of U.K. prosecutors, politicians, academics and others have advocated for the introduction of a specific corporate criminal offence in...

The Federation of German Corporations’ General Counsel proposes draft bill which...

May 19, 2014 - The standing working group compliance of the Federation of German Corporations' General Counsel (Bundesverband der Unternehmensjuristen, “BuJ”) has proposed a...

German court defines compliance duties of board of directors

The District Court in Munich, Germany (file no 5 HKO 1387/10) recently handed down a decision which defines the compliance-related duties of the board...

The Expanding Net of Corporate Criminal Liability in Canada: the...

2013 has been an explosive year for the doctrine of corporate criminal liability in  Canada. Employers need to be aware of their potential liability under...