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Enforcement Actions Germany Compliance

A&O Shearman

Carbon fraud is on the rise—but so is the regulatory counteroffensive

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At COP29 in Baku, new rules were adopted for carbon markets under Article 6 of the Paris Agreement. These rules are meant to increase the transparency of the country-to-country trading of carbon credits under Article 6.2....more

A&O Shearman

White collar crime enforcement in Germany: trends and developments

A&O Shearman on

German authorities have intensified and accelerated their enforcement activities in 2023, following a slowdown of both investigations and court proceedings during the pandemic. This had led to a surge of dawn-raids in...more

Latham & Watkins LLP

German Draft Competition Law Amendment Includes Far Reaching Remedial Powers Absent Actual Infringements

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Under the draft law, the FCO could impose behavioural and structural remedies following a sector inquiry without finding an infringement of German or EU competition law. The German Federal Ministry for Economic Affairs...more

BCLP

SAP Enforcement Action Underscores Importance of Ensuring Compliance Programs Address Considerations Associated with Business...

BCLP on

On April 29, 2021, the Office of Foreign Assets Control (“OFAC”) of the U.S. Department of Treasury, and the Bureau of Industry and Security (“BIS”) of the U.S. Department of Commerce announced settlements with German...more

Epiq

Comply or Get Fined: 2020 GDPR Fines are the Highest on Record

Epiq on

The European Union’s (EU) General Data Protection Regulation (GDPR) has been in effect since May 2018. The law’s goal of protecting EU citizens’ personal information and privacy seems to be coming into fruition. In the past,...more

Society of Corporate Compliance and Ethics...

GDPR enforcement actions: UK and Germany

Report on Supply Chain Compliance 3, no. 2 (January 23, 2020) - Two recent enforcement actions shed light on how regulators will enforce GDPR provisions going forward. In one case, the United Kingdom’s Information...more

White & Case LLP

DSK Calculation Model

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White & Case Technology Newsflash - On 25 May 2018, the European General Data Protection Regulation (GDPR) entered into force. The GDPR is intended to harmonize data protection regulations within the EU, whereby member...more

Robins Kaplan LLP

Financial Daily Dose 12.20.2019 | Goldman nearing $2B deal with DOJ to resolve 1MDB scandal claims

Robins Kaplan LLP on

Goldman Sachs is reportedly in negotiations with federal prosecutors to resolve claims about its role in the Malaysian 1MDB scandal for upwards of $2 billion. A settlement—which “could include a guilty plea from Goldman’s...more

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