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
UNIC is pleased to invite you to the Business Integrity Week that will be held from 20 until 24 May 2019 in Kyiv and Lviv.
In May 2019, the Ukrainian Network of Integrity and Compliance (UNIC) together with the United Nations Development Programme (UNDP) in Ukraine launched a series of annual events in the framework of the Business Integrity Week (the BIW) to engage business community, state authorities, civil society, business associations, educational institutions and media to promote business integrity in Ukraine. Read More
In March 2019, US DoJ and SEC announced that “MTS (Mobile TeleSystems), the largest mobile telecommunications company in Russia, and its wholly owned Uzbek subsidiary, have entered into resolutions with the DoJ and SEC and agreed to pay a combined total penalty of $850 million to resolve charges arising out of a scheme to pay bribes in Uzbekistan.” Actually, I predicted that MTS might be in trouble in my post on VimpelCom case back in 2016. Since 2015, MTS Ukraine, a subsidiary of leading Russian mobile service provider MTS is operating under the brand of Britain's Vodafone. Read More