Aktuelt

Elisabeth Roscher

EU Council and Legal Affairs Committee of the European Parliament approves amended draft of the Corporate Sustainability Due Diligence Directive

14.03.2024

Last ned vår krisehåndteringsapp

Wikborg Reins Krisehåndteringsverktøy er nå klart for nedlasting. Verktøyet gir praktisk, umiddelbar og trinnvis veiledning i tilfelle ulike typer kriser oppstår som følge av uanmeldte inspeksjoner og kontroller fra politiet eller andre offentlige myndigheter.

15.02.2024

Expansion of the UK’s corporate criminal liability regime

The UK Economic Crime and Corporate Transparency Act 2023 (“the ECCTA”) was formally approved on 26 October 2023. Among the most significant reforms introduced by the ECCTA are the establishment of ‘failure to prevent fraud’ as a new UK corporate criminal offence, and a reform of the UK identification doctrine expanding the extent of corporate criminal liability for economic crimes. In this article, we highlight the details of these two key aspects of the Act, and explain how they will affect Norwegian companies with operations or subsidiaries in the UK.

15.02.2024

Managing cyber risk

All companies face the risk of cyber-attacks. In general, the question is when and not if an attack will strike. Companies should therefore strengthen their cyber resilience and implement robust measures to be prepared to handle all aspects of an attack if/when it occurs.

21.12.2023

EU agreement on corporate due diligence rules to safeguard human rights and environment

On 14 December 2023, the European Parliament and the European Council informally agreed on a new directive on corporate sustainability due diligence (the "CS3D" or the "directive") obliging firms to integrate their human rights and environmental impact into their management systems. The directive has been called a historic breakthrough in the way companies are now responsible for potential abuse in their value chain. Subsequent to the negotiations, the Lead MEP said that this was a starting point for shaping the economy of the future.

26.10.2023

Collaborative report on use of sanctions as a human rights instrument and effectiveness of sanctions against Russia

A report published on 26 October 2023 outlines the increasing use of sanctions as a tool for protecting human rights, while highlighting the gaps in enforcement of sanctions against Russia, with a focus primarily on Europe. The report is a collaborative product by the Norwegian Helsinki Committee and risk analysis company Corisk, with contributions from Wikborg Rein and consultancy agency Rud Pedersen.

23.02.2023

Fylte Nasjonalmuseet med sanksjoner og hvitvasking på agendaen

Under vignetten «Nye muligheter – Norge mot 2030» arrangerer Wikborg Rein fagseminarer gjennom vårt 100-årsjubileum i 2023 der vi belyser viktige temaer for næringslivet, og staker ut kursen videre. Først ut i år var sanksjoner og hvitvasking.

12.12.2022

The year of sanctions – some lessons learnt

The massive and unprecedented sanctions imposed against Russia have required significant efforts to manage the risks and impact of sanctions, particularly in view of creative attempts to circumvent by some parties. In this article we explain why you should update your sanctions clause, and how to ensure that it is fit for purpose.

08.12.2022

European Commission announces ninth package of sanctions on Russia

On 7 December 2022, president of the European Commission Ursula von der Leyen, outlined a proposal for a ninth package of sanctions.

12.08.2021

US, UK, Canada and Switzerland further increase sanctions pressure on Belarus

On 9 August 2021, the one year anniversary of the fraudulent presidential elections in Belarus, the US, the UK and Canada all imposed new measures aimed at the Lukashenka regime. Two days later, Switzerland imposed similar measures.

24.06.2021

EU imposes sectoral sanctions on Belarus, updates on EU's Myanmar/Burma and Libya regimes Context

Over the course of an eventful week, the EU, the US, the UK and Canada increased the sanctions pressure on Belarus considerably.

29.04.2021

Administrative sanksjoner – objektivt sanksjonsansvar i strid med EMK?

Det finnes en rekke bestemmelser i den offentligrettslige lovgivningen som gir forvaltningen myndighet til å ilegge ulike former for administrative sanksjoner, typisk overtredelsesgebyr. Vi ser nærmere på hvilket skyldkrav som er nødvendig og hva man som foretak bør være klar over dersom man kommer i en situasjon der foretaket risikerer å bli ilagt slike sanksjoner. Temaet har høy aktualitet, dels fordi forvaltningen har stadig flere hjemler til å ilegge administrative sanksjoner, og dels fordi Høyesterett nylig har avsagt en dom som kan innebære at dagens forvaltningspraksis er i strid med Den europeiske menneskerettskonvensjon (EMK).

27.04.2021

UK launches new Global Anti-Corruption sanctions regime

On April 26, 2021, the UK launched a new sanctions regime, aimed at preventing and combatting serious corruption.

27.05.2018

Should privilege against self-incrimination apply to corporate investigations?

Privilege against self-incrimination is a fundamental principle that protects witnesses from revealing information which might expose them to an accusation or criminal charge. Many legal systems recognise this privilege, and in Norway the right to protect oneself against self-incrimination is a rule of law. The privilege derives both from the right to a fair hearing as defined in article 95 of Constitution and article 6(1) of the European Convention on Human Rights in addition to article 14(3)g of the United Nations Convention on Civil and Political Rights. In the US the privilege is enshrined in the Fifth Amendment to the Constitution.

27.05.2018

Corporate criminal liability; the impact of an effective compliance program

An effective compliance program is essential for any business and it needs to be strong, both on paper and in practice. It addition to providing measures to assist companies to prevent, detect and respond to violations of laws and regulations, such programs have an important role to play as part of any defence against corporate criminal investigations and prosecutions.