Compliance Officers Struggling with Expanded Responsibilities and Liabilities

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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

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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…

Financial Services – Weekly Industry News

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Russian, Italian state funds agree investment deal-official, Posted on Reuters Nov 25 (Reuters) – Russia’s state-backed private equity investment fund and Italy’s strategic state investment fund have agreed an investment deal of up to 1 billion euros ($1.35 billion), a senior Italian official said on Monday. [Read More…]   B2B: Transfer Pricing — First Practical…

International Trade Compliance – Industry News

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Defense Federal Acquisition Regulation Supplement: Removal of DFARS Coverage on Contractors Performing Private Security Functions – Visit Isenberg Institute of Strategic Satire to read more.   Government Procurement: October and November 2013 Federal Register Update, By Matthew L. Riemer, Posted on The National Law Review 1. Proposed Rule to Amend DFARS Coverage of Contractor Personnel Supporting U.S. Armed…