Search

Editors

Harry Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Richard L. Cassin Editor at Large

Elizabeth K. Spahn Editor Emeritus 

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in Russia (252)

Tuesday
Apr232019

A look behind Russia's corporate bribery enforcement statistics

On March 21, the Russian general prosecutor’s office published the official year-end statistics for corporate bribery enforcement in 2018, which are once again aimed at demonstrating the country's tough stance on fighting corruption.

 

Click to read more ...

Tuesday
Apr162019

Practice Alert: UK court accepts jurisdiction in hotly-contested Russian dispute

A UK court recently concluded that even when there's ample evidence demonstrating connections to another state, UK courts may nonetheless affirm their own jurisdiction, if there are at least some connections providing a basis to do so.

Click to read more ...

Monday
Mar112019

With MTS in the new Top Ten, just one U.S. company remains

Russian telecom MTS joined our Top Ten list last week at number three. It knocked Och-Ziff off the list, and that means nine of the ten biggest FCPA cases of all time now involve non-U.S. companies.

Click to read more ...

Tuesday
Jan222019

Practice Alert: Avoiding pitfalls during Russia corporate investigations

Corporate investigations in Russia are conducted in a heavily regulated environment. They are further complicated by numerous practical challenges. Observing the legal and factual requirements is like navigating through a minefield. Below I briefly describe some of the pitfalls.

Click to read more ...

Wednesday
Jan022019

Practice Alert: Russia expands corporate liability for bribery

As previously reported, Russia recently amended its corporate bribery statute (Article 19.28 of the Code of Administrative Violations) to allow companies to avoid prosecution if they assist in the discovery or investigation of the offense or if they can prove that the bribe was extorted. 

Click to read more ...

Friday
Nov302018

Due Diligence in Russia: A public register of bribe payers

Due diligence in Russia has never been simple. Two recent developments make it more complicated. One makes business more transparent. Sort of. The other makes it less transparent. Foreign companies working in Russia will place themselves at peril if they don’t pay close attention to both.

Click to read more ...

Monday
Nov262018

MTS reserves $840 million for FCPA settlement

Alexey Kornya, MTS president and CEORussia’s biggest mobile phone company said it reserved $840 million to resolve a possible FCPA enforcement action by the DOJ and SEC.

Click to read more ...

Monday
Nov192018

Concerns raised as Russian official poised to lead Interpol

Major General Alexander ProkopchukThe British press reported over the weekend that a Russian interior ministry official could become the next leader of Interpol, despite concerns that the Putin regime has abused the agency to target political opponents.

Click to read more ...

Monday
Nov122018

Pa consultant loses appeal against five-year FCPA sentence

Dmitrij Harder (Image courtesy of Twitter @dmitrijharder)The Pennsylvania-based consultant who bribed an officer at the European Bank for Reconstruction and Development for loan approvals lost his appeal against a 60-month prison sentence for violating the Foreign Corrupt Practices Act.

Click to read more ...

Thursday
Nov012018

In Russia, new rules exempt companies from bribery liability

On August 14, 2018, new amendments to the Russian Code on Administrative Offenses (Administrative Code) related to bribery by legal entities went into effect. The new provisions establish conditions exempting companies from liability for bribery if those companies assist authorities in uncovering and investigating misconduct.

Click to read more ...

Monday
Sep242018

Danske Bank chief departs amid ‘biggest scandal’ in Europe

Former Danske Bank CEO Thomas BorgenThe CEO of Denmark's biggest bank resigned last week after an internal investigation found $235 billion in suspicious transactions at the bank's branch in Estonia.

Click to read more ...

Tuesday
Jul172018

Bill Browder: Magnitsky Act rattles Putin

Magnitsky Act architect Bill BrowderDuring the Helsinki summit Monday, Russian President Vladimir Putin offered American investigators a chance to interview 12 indicted Russian intelligence agents in exchange for Russian access to Bill Browder.

Click to read more ...