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On January 25, 2015, a law creating a new anti-corruption bureau entered into force. The Bureau will be empowered to investigate misconduct by high-level public officials. While Ukraine has seen its share of ineffective anti-corruption agencies, this one may be different, for three reasons:

  1. The law contains several provisions designed to ensure independence and transparency.
  2. The Bureau will have broad powers and resources, similar to those of a law enforcement agency. 
  3. The government is clearly committed.

Read the full article by Thomas Firestone and Yuliya Kuchma (Baker & McKenzie Washington, D.C.) here.

Author

Yuliya Kuchma is an associate in Baker McKenzie's Compliance and Investigations Practice Group in Washington, DC, focusing on business crimes and investigations. Ms. Kuchma assists domestic and international clients in a broad range of compliance and dispute resolution matters, including internal investigations, white collar criminal defense, and related civil litigation. She also represents companies before the Department of Justice and the Securities and Exchange Commission in connection with possible enforcement actions.