An Interview with Dr Klaus Moosmayer, Chief Compliance Officer, Siemens

An Interview with Dr Klaus Moosmayer, Chief Compliance Officer, Siemens 5 September, 2014 by Ben Sharples (b.sharples@c5-online.com), Senior Conference Producer, Legal Division, C5 Communications Dr Klaus Moosmayer, Speaker at C5’s Compliance and Legal Risk Leaders Summit Q1. – What would you say have been the key changes in the compliance officers’ role in the last 12-18…

Compliance Officers Struggling with Expanded Responsibilities and Liabilities

The recent Munich Court Judgment against Neubürger (April 2014) has shown how the failure to address regulatory risks and comply with relevant laws exposes senior management to prosecution. As a result, legal counsel and compliance officers whose responsibility it is to report to, adequately inform and protect the board are increasingly challenged to answer to…

The Corruption risks Scandinavian businesses face when doing business in overseas markets

Recent enforcement activities by the UK’s Serious Fraud Office (SFO) and FCPA are signaling a new era of relentless investigation and prosecution of corrupt practices. The cases involve investigations for individuals and companies such as GlaxoSmithKline, Alstom UK, Airbus Group NV, Sweett Group and others. In this article we review the recent bribery and corruption…

Impact of changes to Valuation under the Union Customs Code on Customs Duties: Removal of the First Sale Rule under the Current Implementation Legislation

Impact of changes to Valuation under the Union Customs Code on Customs Duties: Removal of the First Sale Rule under the Current Implementation Legislation Since the Union Customs Code (UCC) was adopted on 9th October, 2013, replacing the long awaited but never realised Modernised Customs Code, there has been speculation on how this new Regulation…

Anti-Corruption Infographic

PwC 2014 Global Economic Crime survey is one of the broadest and most comprehensive economic crime surveys the company has ever conducted, collecting feedback from over 5,000 global respondents. The below infographic is based on the responses related to anti-corruption. To read PwC’s full report visit: www.pwc.com/crimesurvey.   Click here to view the infographic.  @C5Live_AC

Amendments to the Export Control Order 2008

The amendments to the Export Control Order 2008 below were published on the National Archives Website (source: http://www.legislation.gov.uk/uksi/2014/1069/article/2/made): 2.  (1)  The Export Control Order 2008(1) is amended as follows. (2) For Schedule 2 to the Export Control Order 2008 (Military goods, software and technology) substitute the replacement Schedule 2 set out in the Schedule to this Order. (3) In paragraph PL8001…

Essential elements of a Corporate Compliance programme

Source: Presented at C5’s 2nd Forum on Anti-Corruption, West Africa. Full presentation available here.   Essential elements of a Corporate Compliance programme   Organisational leadership & culture •Tone from the Top •Compliance and Controls structure (FTE and non-FTEs) •Incorporating compliance objs into coy-wide objs Standards & Procedures •Internal policies, procedures and SOPs Training & Communications…

Anti-Corruption West Africa – Request your brochure

Simply emails us at socialmedia@c5-online.com to receive your free brochure.     Meet them this June, in Ghana – Keynote and Government Speakers: • Olaoulo Adegbite, Director of Operations, EFCC (Nigeria) • Charles Ayamdoo, Director, Anti-Corruption section of the Commission on Human Rights and Administrative Justice (Ghana) • Abbia Udofia, Deputy Director of Operations, ICPC (Nigeria) Shannon Bullock, Programme Officer, Corruption and Economic Crime Branch, United Nations…

Export Controls – FY 2013 – Infographics

Export Controls, Fiscal Year 2013. Statistics from the U.S. Department of Commerce, Bureau of Industry and Security. This infographic is based on the Annual Report to the Congress for Fiscal Year 2013.…

Export Compliance

US Export Controls have just undergone significant reform and with new challenges posed in 2014 by developments at the EU and Wassenaar Arrangement, this is an essential time to ensure you have all the tools you need to strengthen your export compliance approach.   In an effort to provide you with valuable content, we’ve compiled this list of best available online resources. We hope you find it helpful and share it with your network. …

Anti-Corruption – Industry News

Turkey learns how to fight against corruption from Singapore, By SERKAN DEMİRTAŞ, Posted on Hurriyet Daily News The number one item on Turkey’s agenda since Dec. 17 are the massive corruption and graft allegations against senior government members, including Prime Minister Recep Tayyip Erdoğan and his family. Four ministers had to resign after prosecutors argued that they had…

Risk Management Russia – Industry News

Russian Consumers’ Credit Health Stable After Two-Year Decline, According to FICO and NBKI Data, Posted on PR News MOSCOW, Feb. 12, 2014 /PRNewswire/ — FICO (NYSE: FICO), a leading predictive analytics and decision management software company, and the National Bureau of Credit Histories (NBKI),Russia’s leading credit bureau, today announced that Russian borrowers’ credit repayment delinquencies remained stable from October 2013 to January 2014. This was the…