The first compliance deadline for the UK’s Modern Slavery regime is now well behind us. Those organisations whose financial end of year was 31 March 2016 must publish their slavery and human trafficking statements covering all the relevant activities undertaken by their organisation during the period 1 April 2015 to 31 March 2016, by 30 Read more »
BREXIT and compliance: podcast interview with Jonathan Armstrong
Tom Fox of FCPA Compliance & Ethics caught up with Cordery lawyer Jonathan Armstrong to discuss the recent UK Referendum result which will culminate in the UK leaving the European Union and what it may mean for companies going forward. Jonathan considers the data privacy and data transfer issues for compliance professionals. Jonathan Armstrong is a lawyer with Read more »
Scottish £2.2 million settlement case for failure to prevent bribery
The Scottish prosecution service, the Crown Office and Procurator Fiscal Service, recently announced that a Glasgow logistics company has paid UK £2.2 million (USD $,3,113,810) under a civil settlement after self-reporting to the authorities in a matter concerning failure to prevent bribery under the UK Bribery Act 2010 (“the Act”). Section 7 of the Act Read more »
Mossack Fonseca leak: video update
Cordery lawyer, André Bywater discusses how the leak of more than 11½ million documents from the Panamanian law firm Mossack Fonseca has significant ramifications in a whole host of different areas of compliance. Read our full alert here. There are more details of our investigations, bribery and sanctions practices on our website. Details of the work Read more »
Mossack Fonseca #Panamaleaks breach has significant compliance consequences for most businesses
Sunday’s revelations about the leak of more than 11½ million documents from the Panamanian law firm Mossack Fonseca have significant ramifications in a whole host of different areas of compliance. The leak does not just affect Panama. According to the Mossack Fonseca the firm has offices outside of Panama including 12 offices in Europe. There Read more »
UK Bribery Act 2010 FAQs
We have published a new version of our popular FAQs looking at the UK Bribery Act 2010. We will be launching these FAQs at The Association of Corporate Counsel Europe Annual Conference in Rome. The FAQs include our commentary on three of the largest recent Bribery Act cases, the Brand-Rex case on hospitality, the Sweett Read more »
First UK failure to prevent bribery conviction
A company has now been convicted in the UK for the first time for failure to prevent bribery. On 19 February 2016 Sweett Group PLC (“Sweett”), a business operating in the construction and professional services sector, was convicted and sentenced for the corporate offence under Section 7 of the UK Bribery Act 2010 (“the 2010 Read more »
WP29 EU GDPR 2016 action plan announced
We’ve looked in earlier alerts at the progress of the EU General Data Protection Regulation (known by some as GDPR) which is getting closer to becoming law. The Article 29 Data Protection Working Party (“WP29”) recently issued an official statement setting out its action plan for the implementation of the GDPR. EU political agreement was Read more »
Predictions for 2016
Each year in January we sit down and reflect what are likely to be the compliance challenges of the year ahead. We share this information with our clients to help them predict their likely compliance challenges and we thought it would be interesting this year to share some of our thoughts more widely. We have Read more »
End-of-January deadline post-Safe Harbor enforcement
What’s this all about? As you will be well aware, the European Court ruled in the Schrems case last autumn 2015 that the EU US Safe Harbor Decision was invalid (see here for our earlier alert and a short film update). The EU and the US have been in discussion to try and agree a Read more »