Weekly publications on compliance topics

Judiciary systems in Russia and other CIS countries are going through major revisions. L.R. had already touched upon a topic of reforms in Ukraine and Belarus. However, those cases should be seen in a context of the similar processes that are happening in the judiciary of other post-Soviet countries.

The UK Bribery Act vs. FCPA

The UK Bribery Act (the Bribery Act) entered into force on July 1, 2011. It’s a part of an international trend that started with US Foreign Corrupt Practices Act 1977 (the FCPA). Bribery Act is not restricted to the bribing of foreign public officials, and companies who had adopted FCPA-compliance programs are unlikely to have sufficient practices to ensure compliance with the Bribery Act…

The CIS region in Doing Business Report 2017 and beyond

According to Doing business report 2017 (hereinafter – the Report), Russia holds the 40th position among 190 countries in the ease of doing business, falling behind the other members of the Eurasian Economic Union: Kazakhstan (35), Belarus (37), and Armenia (28). It might stem from the size of the country, which greatly effects red tape, or the big ‘improvements in their business regulations’ which led certain countries, including Kazakhstan and Belarus, to earn a special mention in the Report. 

FATCA and AEoI

Starting January 1, 2017, businesses will face new reporting requirements. Last year Russia has adopted several laws that will affect financial organizations.

Risks for companies in 2017

Сможет ли удержать США первенство в антикоррупционной борьбе с приходом Трампа?

Abstract: Article deals with providing assumptions what FCPA enforcement will look like under the Trump administration. Many experts express skepticism that the Trump administration would make FCPA enforcement. Alongside in Europe we can find many signs in enhancing anti-corruption policy.

Risks for companies in Turkey


With participation: Felix Konovych, Denis Primakov and Aziz Bagadirov