Alrud has announced that German Zakharov has been promoted to Partner. Zakharov is a member of the firm's Competition/Antitrust and White Collar Crime, Compliance, and Internal Investigations practices.
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Austrian White Collar Crime specialist Heidemarie Paulitsch has announced the founding of her own commercial criminal law boutique, where she "represents individuals and advises companies on their internal processes and in case of governmental investigations and leads national and international compliance projects." She also teaches workshops on the topics of House Searches and Anti-Corruption Law.
In recent years, President Obama has ordered significant changes to the longstanding U.S. sanctions on Cuba and Iran as well as imposed new sanctions on Russia. President-elect Trump has been generally critical of the Obama administration’s relaxation of U.S. sanctions on Cuba and Iran, and his views on Russia appear more favorable than those of the outgoing administration.
Overall, this was a more active year for FCPA enforcement actions when compared to 2015. This year, Department of Justice (“DOJ”) took a total of 10 enforcement actions and Securities and Exchange Commission (“SEC”) took a total of 25 enforcement actions. Like last year, SEC is more active than DOJ, in terms of numbers of the enforcement actions. Of the 10 enforcement actions taken by DOJ, only 1 of them was related to a real person. Of the 25 SEC enforcement actions 4 of them were related real persons.
Transparency International (“TI”) has published its regional Corruption Barometer for Europe and Central Asia1 (“Report”) on 16 November 2016. According to the findings of the Report, one third of the citizens of the region perceive corruption as one of the biggest three challenges facing their country.