To counsel senior leadership on complex and sensitive legal and business issues.
To provide legal leadership on issues within the countries he/she is responsible for through pro-active, in-depth, business-focused advice and counsel.
Interacts with all Ukraine functions as a key Business Partner
Just recently, on October 18, 2019, an amendment to Law of Ukraine “On Prevention of Corruption” came into force. This amendment claims to improve effectiveness of institutional corruption prevention mechanism. In this post I would like to provide my analysis on how such amendment affects supervisory board members of business entities with more than 50% shares owned by the state (supervisory board members). Read More
Main focus of the breakfast will be on recent legal novices in whistleblowing & forensic, notably, the European Parliament's Resolution on Protection of persons reporting on breaches of Union law dated 16 April 2019.
The Smart ethics, security & compliance conference will be focused on technologies. Whether IT helps compliance? How can technology help with ethics?
Life-hacks, solutions, systems and lessons learnt to be shared by vendors and compliance practitioners. Read More
We continue a series of posts called “Compliance Profession: The View from the Inside”. These are the interviews with known professionals in the area of corporate ethics and compliance who share interesting aspects of their work, ideas, views and useful materials.
Our today’s guest is Oleg Polishchuk. An Ironman, a big patriot of Ukraine, a lawyer, an atomic engineer, and a great compliance officer he is. Oleg was recognized in 2018 as the best Compliance Officer and currently he is Director of the Directorate for Prevention and Counteraction of Corruption, Compliance Officer, and the Advisor to the President of the “Energoatom“, the biggest Ukrainian State Enterprise Generating Aropic Energy. Read More
Verify that all firm and regulatory policies and procedures have been documented, implemented and communicated. Read More
“Is there anything more frightening than people?” ― Svetlana Alexievich, the winner of the Nobel Prize in Literature, “Voices from Chernobyl: The Oral History of a Nuclear Disaster”.
A story about the dragon. In USSR there was one good cartoon named “the Dragon” showing the old folk tale from South-East Asia. In old times there lived one horrible dragon. From his inaccessible castle he ruled the entire country severely suppressing and robbing its population. Many brave warriors tried to kill the dragon, but he always defeated them. Read More
Do you make decisions with your brain or with your heart? Or none of them? Or both of them? Do not rush with an answer; it is not as straightforward as it might seem at a first glance. The cornerstone of economics is an assertion that people’s behavior is been impacted by incentives. People are not good or bad - people are people and they respond to incentives. Therefore, creating appropriate incentives is of the paramount importance. There is often a vast gulf between how people say they behave and how they actually behave. Read More
Gift or bribe: where is the borderline?
A gift means any item (e.g., money, consumer electronics) or intangible assets (e.g., services, discounts) the one provides free of charge or below market value. In our politics, there were cases when a discount for buying an apartment was considered a gift. Read More
The demand of the Ukrainian business for integrity has been growing for several consecutive years, with the perception of compliance gradually changing – from a bureaucratic function to a full-scale driver of change, in processes and approaches.
Over the last year, the number of fraud and corruption incidents in the world has significantly increased. The Kroll Global Fraud Report-2019 cites 84% of CEOs having been exposed to at least one fraud incident during the last year. Such incidents significantly affected employee safety (82%), revenue or business continuity processes (78%), reputation (65%), and government relations (65%) of the surveyed companies. Simultaneously, Kroll commends the improvements in the efforts of governments and companies in identifying and resolving such issues… Read More