About
Foreign companies doing business or investing in the Russian Federation and CIS countries face complex and unique anti-corruption compliance challenges. Problems of corruption in Russia and the CIS for foreign investors have increased dramatically in the last several years. Allegations of bribes required by government officials directly and through intermediary companies are rampant.
Local leaders have recognized this problem and on July 31st, 2008, Russian President Dmitry Medvedev signed the National Anti-Corruption Plan. A new Federal Law against corruption is expected very soon. At the same time, U.S. companies, and foreign companies listed on U.S. stock exchanges, must comply with the FCPA when doing business in the region. FCPA compliance is especially challenging in Russia and the CIS and many pending investigations reportedly involve compliance issues in the region.
If your company is doing business in Russia or the CIS, you must put a comprehensive anti-corruption compliance program in place and be prepared to act promptly and effectively to remedy any problems that do arise.
This one-of-a-kind Summit on Anti-Corruption brings together an
exceptional faculty of seasoned corporate ethics and compliance executives, senior attorneys, forensic accountants and government officials. They will provide a comprehensive update on the anti-bribery landscape in Russia and the CIS, the intersection of the FCPA and local anti-bribery laws and how to implement robust anti-corruption policies to comply with local laws and the FCPA, including:
- Who is a “government official”?
- What kind of gifting or payment is acceptable and in what instances?
- How to create a culture of ethics
- Due diligence: best practices for a prospective third party relationship
- Creating a Code of Conduct that matters in Russia and the CIS
- Conducting internal investigations
About
Foreign companies doing business or investing in the Russian Federation and CIS countries face complex and unique anti-corruption compliance challenges. Problems of corruption in Russia and the CIS for foreign investors have increased dramatically in the last several years. Allegations of bribes required by government officials directly and through intermediary companies are rampant.
Local leaders have recognized this problem and on July 31st, 2008, Russian President Dmitry Medvedev signed the National Anti-Corruption Plan. A new Federal Law against corruption is expected very soon. At the same time, U.S. companies, and foreign companies listed on U.S. stock exchanges, must comply with the FCPA when doing business in the region. FCPA compliance is especially challenging in Russia and the CIS and many pending investigations reportedly involve compliance issues in the region.
If your company is doing business in Russia or the CIS, you must put a comprehensive anti-corruption compliance program in place and be prepared to act promptly and effectively to remedy any problems that do arise.
This one-of-a-kind Summit on Anti-Corruption brings together an
exceptional faculty of seasoned corporate ethics and compliance executives, senior attorneys, forensic accountants and government officials. They will provide a comprehensive update on the anti-bribery landscape in Russia and the CIS, the intersection of the FCPA and local anti-bribery laws and how to implement robust anti-corruption policies to comply with local laws and the FCPA, including:
- Who is a “government official”?
- What kind of gifting or payment is acceptable and in what instances?
- How to create a culture of ethics
- Due diligence: best practices for a prospective third party relationship
- Creating a Code of Conduct that matters in Russia and the CIS
- Conducting internal investigations
Contents & Contributors
Dealing With Corruption under Russian and Kazakh Laws: Local Anti-Corruption Laws and Their Enforcement
Zhanar Kassymbekova, Bracewell & Giuliani LLP (Kazakhstan)
Evjeny Raschevsky, Egorov, Puginsky, Afanasiev & Partners (Moscow)
The Long Arm of the Foreign Corrupt Practices Act: Complying with the FCPA in the Russian and CIS Landscape
Thomas Firestone, Resident Legal Adviser, Law Enforcement Section, U.S. Embassy (Moscow)
Richard N. Dean, Baker & McKenzie LLP (Washington)
Who is a “Government Official”? Identifying Ownership Structures in Russia and the CIS
Alina Schurova, Georgiev & Partners (Moscow)
Managing Joint-Ventures with Local Entities: How to Minimize Risks
Kevin Abikoff, Hughes Hubbard & Reed LLP (Washington)
Dominic Pellew, Lovells LLP (Moscow)
Creating a Culture of Business Ethics
Jeroen Brabers, Group Director Integrity, TNT N.V. (The Netherlands)
Dealing With Questionable Payments: How to Conduct Internal Investigations and Manage Conflicting Laws
Thomas K. Sprange, Steptoe & Johnson LLP (London)
Eleonora Sergeeva, Padva & Partners (Moscow)
Keynote Address – The OECD Anti-Bribery Convention: Monitoring and Future Initiatives
Nicola Bonucci, Director of Legal Affairs, Organisation for Economic Co-Operation and Development (Paris)
Tailoring and Implementing Effective Anti-Corruption Compliance Policies and Training Programs for Russia and CIS Countries
Svetlana Kuznetsova, Legal Counsel, Nortel (Moscow)
Matthew Murray, Member of the Board, Center for Business Ethics and Corporate Governance (Moscow)
Clement H. Osimetha, Vice President and General Counsel, Mary Kay Inc. (Dallas)
John Wilkinson: Panel Moderator, Partner, CEE Forensic Services Leader, PricewaterhouseCoopers Russia BV (Moscow)
The Delicate Art of Gift Giving, Hospitality and Facilitating Payments: Balancing Local Cash Customs and the Letter of the Law
Todd Culyba, Salans (Moscow)
Saule Kessikbayeva, Region Counsel, Caspian, Baker Hughes Services International (Kazakhstan)
Alexandra Wrage – Panel Moderator, President, Trace International, Inc. (Washington)
Conducting Pre-Acquisition, pre-IPO and pre-Financing Anti-Corruption Due Diligence
Raja Chatterjee, Global Head, Anti-Corruption, Morgan Stanley (New York)
Charles R. Hacker, Jr., Partner, Advisory Practice, PricewaterhouseCoopers LLP (New York)
Ed Wheatley, Principal Compliance Manager, Office of the Chief Compliance Officer, European Bank for Reconstruction and Development (London)
Gary DiBianco – Panel Moderator, Skadden, Arps, Slate, Meagher & Flom LLP (London)
The World Bank’s Anti-Corruption Sanctions Enforcement Process
Pascale Dubois, Sanctions Evaluation and Suspension Officer, The World Bank (Washington)
Selecting and Controlling Local Customs Brokers, Distributors and Agents with an Effective, Risk-Oriented Due Diligence Process
Renata Jungo Brüngger, Vice President & General Counsel EMEA, Emerson Process Management Europe GmbH (Switzerland)
Alexander A. Bychkov, Baker & McKenzie LLP (Moscow)
Daniel Nardello, Managing Director, Nardello & Co., LLC (New York)
Enhancing Internal Controls and the Audit Function in a “Cash Economy”
Michael S. Schachter, Wilkie Farr & Gallagher LLP (New York)
Publication Details