Russian Anti-Corruption Compliance Concepts Are Familiar

Law360, New York (January 9, 2014, 6:22 PM EST) -- Last year, Russia adopted the new Article 13.3 to the Russian anti-corruption law,[1] which requires all companies in Russia to develop and adopt measures aimed at preventing corruption.[2] Although Article 13.3 lists six broadly defined measures that companies may develop and adopt, it does not elaborate on the steps companies should take to implement those measures. We have been recommending that, in deciding how to implement the Article 13.3 measures, companies should use anti-corruption policies established to comply with the Foreign Corrupt Practices Act and the...
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