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…

Interview with Sergei Kaduk, DCM Director, Sberbank CIB

О ВЫЗОВАХ И ПЕРСПЕКТИВАХ РЫНКА СЕКЬЮРИТИЗАЦИИ В РОССИИ. Анита Артур ([email protected]), Руководитель конференции России & СНГ С5 Communications беседует с DCM Директором Сбербанк CIB Сергеем Кадуком.   – Сергей, Вы давно работаете на рынке секьюритизации в России, вам удалось провести много удачных сделок. Как Вы оцениваете текущее состояние рынка, его перспективы на 2015 год? Сергей…

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…