FORMER SOVIET REPUBLICS TAKE DIFFERING APPROACHES TO ANTI-CORRUPTION LEGISLATION

A post on the FCPA Blog on 25th July says that enforcement actions by US and European enforcement agencies as well as the World Bank have drawn attention to bribery offences committed by multinational companies in Russia and other former Soviet republics, in particular in Central Asia.  The authors of the post have taken a closer look at the anti-bribery and corruption legislation of Russia, Azerbaijan, Kazakhstan, Kyrgyzstan, Turkmenistan, and Uzbekistan, and thee review of these countries’ legislation revealed significant differences, which are summarised in the post.  They also comment that and risk assessment should also take into account the unpredictability of enforcement actions by local law enforcement agencies.

http://www.fcpablog.com/blog/2019/7/25/former-soviet-republics-take-different-approaches-to-anti-co.html

The full 11-page report from the offices of law firm of Noerr in Moscow can be found at –

https://www.noerr.com/-/media/noerr/pressandpublications/news/2015/russland/noerr_abc-legislation-of-former-soviet-republics_july-2019.pdf?la=en&hash=FFF89F659B81A7DECE63CBF809E71886

 

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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