Anti-Corruption Law / Compliance
The Bribery Act was adopted in 2010 to establish liability for companies engaged in foreign trade for the lack of internal anti-corruption procedures. From this year on, Federal Law of the Russian Federation No.273-FZ “On anti-corruption” also obliges companies to develop and take measures aimed at prevention of corruption.
Such measures significantly reduce the risk for a company to be held liable for corrupt behavior of its employees, increase its competitive ability on the market and has a favorable effect on its goodwill.
Capital Legal Services is among the first law firms in Russia with successfully completed projects on development and implementation of anti-corruption procedures. We offer services on implementing a set of anti-corruption measures, including assessment of corruption risks of certain business processes and transactions in a company.
Advising on practical application of Russian and international anti-corruption legislation.
Comprehensive assessment of companies’ corruption risks. Conclusions on whether there are any corruption risks and on their nature are made subject to the operations area and business environment, peculiarities of business processes, existing rules and procedures of corporate ethics, personnel level of tolerance to corrupt behavior and other factors.
Developing and implementing anti-corruption procedures in proportion to existing corruption risks of companies. Anti-corruption procedures may include: measures aimed at prevention of conflict of interest; rules for proper verification of contractors; procedures for control over interaction with government bodies; elaboration of strategy on personnel training and other measures.
Drafting internal instruments establishing implementation of anti-corruption procedures.
Developing comprehensive personnel training programs with respect to principles of corporate ethics, actions pertaining to personal liability, requirements of Russian and international anti-corruption legislation.
Developing and implementing compliance programs, mechanism for managing risks and increasing business efficiency, as required by Russian and international anti-corruption legislation.