The Anti-Corruption Report

The definitive source of actionable intelligence covering anti-corruption laws around the globe

Articles By Topic

By Topic: Russian Anti-Corruption Law

  • From Vol. 6 No.17 (Sep. 6, 2017)

    Regional Risk Spotlight: New Laws and Sanctions Complicate the Anti-Corruption Landscape in Russia

    With the allegations of election tampering and the subsequent new round of sanctions, to say Russia has been in the news lately would be quite an understatement. Nevertheless, it remains a global economic powerhouse and desirable market for many multinational companies. The Anti-Corruption Report recently spoke with Kirill Boychenko, an attorney trained in Russia, about the current situation in the country and what companies can do to protect themselves. See “Regional Risk Spotlight: An Interview with Michael Kim of Kobre & Kim on South Korea’s Anti-Money Laundering Laws” (Jul. 19, 2017).

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  • From Vol. 4 No.16 (Aug. 5, 2015)

    Regional Risk Spotlight:  Thomas Firestone of Baker & McKenzie Explains How to Navigate Corruption Risks in Russia

    When conducting business in Russia, multi-national companies often find themselves in the precarious position of trying to comply with local laws or traditions that conflict with international anti-corruption obligations.  Implementing policies that address this conflict in today’s political climate is a daunting task.  In this installment of The FCPA Report’s Regional Risk Spotlight series, we talk to Thomas Firestone, a partner at Baker & McKenzie, about the most pressing corruption issues in Russia and how companies doing business there can mitigate those risks using their compliance programs.  See also “Regional Risk Spotlight: William McGovern of Kobre & Kim Advises on How to Handle Corruption Risk When Doing Business in China,” The FCPA Report, Vol. 4, No. 14 (Jul. 8, 2015).

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  • From Vol. 2 No.21 (Oct. 23, 2013)

    K&L Gates Panel Reviews Anti-Corruption Enforcement in the U.S., the U.K., China, Australia, Latin America, Africa, Southeast Asia and Russia

    With the spate of new anti-corruption laws around the globe, and the evolution of laws already on the books, “it is critical for a company to have on-the-ground information and local support” in structuring an effective anti-bribery and anti-corruption (ABAC) program and responding to regulatory action in all of the regions in which it operates.  So said Dick Thornburgh, former Attorney General of the United States and former Governor of Pennsylvania, introducing a recent webinar presented by K&L Gates LLP, where Thornburgh is now of counsel.  The K&L Gates speakers who followed Thornburgh shared their direct local experiences and examined the state of the ABAC laws in their regions of speciality.

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  • From Vol. 2 No.14 (Jul. 10, 2013)

    Russian Risks: Reconciling the Novo Nordisk Standard with the FCPA

    The central challenge faced by any corporation seeking to address the risks of corruption is to understand where its risks lie and what tools it can employ to mitigate those risks.  Typically, those areas presenting the greatest risk of corruption will call for correspondingly strong anti-corruption tools.  This challenge may be even greater for companies doing business in Russia, where they must not only confront the challenges of the Russian business environment but also may be forced to do so without many of the anti-corruption tools normally at their disposal.  In a guest article, Joseph Terry, partner at Williams & Connolly LLP, and Jessica Hayden, former associate at Williams & Connolly, discuss the Russian business environment and the challenges posed by the so-called “Novo Nordisk Standard” – set after the Russian Federal Antimonopoly Service found that Novo Nordisk’s anti-corruption diligence program violated Russian competition law – and present topics for companies to consider when designing a compliance program that protects against corruption risks in Russia.  See also “Alan Kartashkin and Dmitri Nikiforov of Debevoise & Plimpton LLP Discuss the Ins and Outs of Russian Bribery Law,” The FCPA Report, Vol. 1, No. 12 (Nov. 14, 2012).

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  • From Vol. 1 No.12 (Nov. 14, 2012)

    Alan Kartashkin and Dmitri Nikiforov of Debevoise & Plimpton LLP Discuss the Ins and Outs of Russian Bribery Law

    Russia and Ukraine are rich in business opportunities but rife with business challenges, especially for foreign companies operating there or considering entering those markets.  Both countries recently passed anti-bribery laws, thereby adding new layers of complexity to the global patchwork of domestic anti-bribery regimes.  In an effort to understand how the new Russian and Ukrainian laws are similar to and different from the FCPA and the U.K Bribery Act, and what companies and compliance professionals should do to navigate the new laws, The FCPA Report recently interviewed two prominent partners in Debevoise & Plimpton LLP’s Moscow office, Alan Kartashkin and Dmitri Nikiforov.  Specific topics covered in our interview included, among other things, the key differences between the FCPA, the U.K. Bribery Act and the new Russian and Ukrainian laws; how Russia or Ukraine can obtain jurisdiction over an American company; how Russian and Ukrainian enforcement agencies operate; key steps companies should take when entering the Russian and Ukrainian markets; data privacy laws in Russia and Ukraine; the implications of the Novo Nordisk case; and the future of Russian anti-corruption enforcement under the leadership of Vladimir Putin.

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  • From Vol. 1 No.11 (Nov. 7, 2012)

    Kroll Survey Identifies Global Fraud Trends and Risks in Europe, the Middle East and Africa

    Kroll Advisory Solutions (Kroll) recently released its sixth annual “Global Fraud Report,” analyzing the results of an in-depth survey on fraud and corruption worldwide conducted in July and August 2012.  To complete its research, Kroll’s Economist Intelligence Unit polled more than 830 senior executives in a broad range of industries, with over half the participants holding C-level positions at companies with annual revenues exceeding $500 million.  This article discusses Kroll’s key survey findings and recommendations then details Kroll’s regional analyses for Europe, the Middle East and Africa.

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