When it comes to corruption, Russia takes the cake. And it’s not a cake its political leaders enjoy, as the country tries to position itself as a well-respect and modern emerging market leader
Can Russia's Communist Party Make A Comeback?Nair and Co.
“The only party that has Western friendly policies is United Russia and that is one reason why people keep voting for them,” said Harris. “The social liberal opposition is like the Greens or the Libertarian party in the U.S., they have no power in parliamentary politics
Putting Nonsense before News Driven by the unshakable belief
that it will result in more TRPs, the press today does not think twice before giving publicity to any and every statement made by a VIP
Awara legal seminar on anti-corruption. Anton Kabakov. 27.08.2014Awara Direct Search
Anton Kabakov (Partner, lawyer) presented the recent amendments to the anti-corruption law and gave recommendations on necessary actions which all companies operating in Russia should to take in order to avoid tremendous fines and expelling.
Corruption in state and commercial structures in russia mittel mgu may2012Regina Gromova
The research was initiated by the Russian Presidential Academy of National Economy and Public Ad-ministration. The key objective of the study was to describe mechanism of informal economic relations in state as well as in commercial sectors and to estimate their impact on economic effectiveness.
The problem we’ve faced from the beginning was that the concept of “informal economic relations” or more commonly “corruption” is not clearly defined, in particular there is an obvious lag between nega-tively perceived “corruption” that’s typically ascribed to some more or less distant representatives of state institutions, and daily practices of informal economic relations, in which people are often person-ally involved but often do not perceive such relations as a part of “corruption”.
Can Russia's Communist Party Make A Comeback?Nair and Co.
“The only party that has Western friendly policies is United Russia and that is one reason why people keep voting for them,” said Harris. “The social liberal opposition is like the Greens or the Libertarian party in the U.S., they have no power in parliamentary politics
Putting Nonsense before News Driven by the unshakable belief
that it will result in more TRPs, the press today does not think twice before giving publicity to any and every statement made by a VIP
Awara legal seminar on anti-corruption. Anton Kabakov. 27.08.2014Awara Direct Search
Anton Kabakov (Partner, lawyer) presented the recent amendments to the anti-corruption law and gave recommendations on necessary actions which all companies operating in Russia should to take in order to avoid tremendous fines and expelling.
Corruption in state and commercial structures in russia mittel mgu may2012Regina Gromova
The research was initiated by the Russian Presidential Academy of National Economy and Public Ad-ministration. The key objective of the study was to describe mechanism of informal economic relations in state as well as in commercial sectors and to estimate their impact on economic effectiveness.
The problem we’ve faced from the beginning was that the concept of “informal economic relations” or more commonly “corruption” is not clearly defined, in particular there is an obvious lag between nega-tively perceived “corruption” that’s typically ascribed to some more or less distant representatives of state institutions, and daily practices of informal economic relations, in which people are often person-ally involved but often do not perceive such relations as a part of “corruption”.
KGB, Active Measures, Disinformation and SubversionPeter Hammond
Cheka
A term of terror in the Soviet Union, the KGB was the Committee for State Security of the Soviet Union. Initially it was named the Cheka (Emergency Committee) and founded 20 December 1917, by the instruction of Vladimir Lenin. The Cheka was established by Felix Dzerzhinsky. The Cheka was tasked by the Soviet Politburo with arresting, torturing and executing many tens-of-thousands of dissidents, deserters, reactionaries and counter revolutionaries.
NKVD and the GULAG
In 1922 the Cheka was renamed the NKVD (People's Commissariat for Internal Affairs). The NKVD included the regular public police force of the USSR, including traffic police, border guards and archives. The NKVD is most notorious for running the GULAG forced labour camps, conducting mass extra-judicial executions, espionage, political assassinations and enforcing Stalinist policy within communist movements in other countries. GULAG was the acronym for Main Administration of Corrective Labour Camps.
Anti-corruption compliance in Russia. Overview and ImplementationAwara Direct Search
Presentation by Anton Kabakov (Partner, Hellevig, Klein & Usov) on topic: Anti-corruption compliance in Russia. Overview and Implementation”.
International Compliance Conference on the Level of Implementation During and After The Sanctions, October 27th
Judicial Corruption in Russia is widespread. For many years neither the Russian government or donor organizations were willing to candidly discuss this topic. This era has ended.
2010 Sais Russias Battle Against Corruption Updated April 3Ethan Burger
This presentation given at the Johns Hopkins Advanced School for International Studies corresponds to 2 forthcoming articles on the anti-corruption "campaign" underway in Russia.
Future of Crypto Currency and boom in Ethereum Mining - 2018zcash-mining
https://promax7.com/product/promax7-ethereum-miner-7-2 -
Promax 7.2 is the innovation in the latest technology which stands in no compete with any other miner till date offering 3710 MH/s making it the first, powerful and cost efficient miner. This device has been built up with features that increase the basic necessity and increase the output and further leading to shortening of the investment cycle.
It works on all algorithms making it mine different crypto currency.
Discussion of New Russian part Dictatorship part Democracy. Putin has ruled with firm hand but has improved the average life of Russian more access to consumer goods.
Budget 2014 was announced by the Swedish government on 9 April 2014. The new budget aims at encouraging education to improve the quality of the workforce
KGB, Active Measures, Disinformation and SubversionPeter Hammond
Cheka
A term of terror in the Soviet Union, the KGB was the Committee for State Security of the Soviet Union. Initially it was named the Cheka (Emergency Committee) and founded 20 December 1917, by the instruction of Vladimir Lenin. The Cheka was established by Felix Dzerzhinsky. The Cheka was tasked by the Soviet Politburo with arresting, torturing and executing many tens-of-thousands of dissidents, deserters, reactionaries and counter revolutionaries.
NKVD and the GULAG
In 1922 the Cheka was renamed the NKVD (People's Commissariat for Internal Affairs). The NKVD included the regular public police force of the USSR, including traffic police, border guards and archives. The NKVD is most notorious for running the GULAG forced labour camps, conducting mass extra-judicial executions, espionage, political assassinations and enforcing Stalinist policy within communist movements in other countries. GULAG was the acronym for Main Administration of Corrective Labour Camps.
Anti-corruption compliance in Russia. Overview and ImplementationAwara Direct Search
Presentation by Anton Kabakov (Partner, Hellevig, Klein & Usov) on topic: Anti-corruption compliance in Russia. Overview and Implementation”.
International Compliance Conference on the Level of Implementation During and After The Sanctions, October 27th
Judicial Corruption in Russia is widespread. For many years neither the Russian government or donor organizations were willing to candidly discuss this topic. This era has ended.
2010 Sais Russias Battle Against Corruption Updated April 3Ethan Burger
This presentation given at the Johns Hopkins Advanced School for International Studies corresponds to 2 forthcoming articles on the anti-corruption "campaign" underway in Russia.
Future of Crypto Currency and boom in Ethereum Mining - 2018zcash-mining
https://promax7.com/product/promax7-ethereum-miner-7-2 -
Promax 7.2 is the innovation in the latest technology which stands in no compete with any other miner till date offering 3710 MH/s making it the first, powerful and cost efficient miner. This device has been built up with features that increase the basic necessity and increase the output and further leading to shortening of the investment cycle.
It works on all algorithms making it mine different crypto currency.
Discussion of New Russian part Dictatorship part Democracy. Putin has ruled with firm hand but has improved the average life of Russian more access to consumer goods.
Similar to Russia Plagued by Corruption Perception (14)
Budget 2014 was announced by the Swedish government on 9 April 2014. The new budget aims at encouraging education to improve the quality of the workforce
India Enacts Further Sections of the Companies Act, 2013Nair and Co.
With reference to the effectiveness of India?s new Companies Act, 2013, the Ministry of Corporate Affairs (MCA) has further notified 183 sections and schedules. The newly notified sections have come into effect 1 April 2014.
India Announces New Corporate Social Responsibility RulesNair and Co.
India has recently introduced legislation mandating the establishment of Corporate Social Responsibility (CSR) policies for both Indian companies as well as foreign companies operating in India.
United Kingdom – Budget 2014 AnnouncedNair and Co.
The Chancellor of the Exchequer recently presented the Budget for 2014-15. Significant measures include those for investment, savers, retirement and small & medium enterprises (SMEs).
Philippines Introduces New Permit for 9(g) Pre-arranged Employment Visa Appli...Nair and Co.
The Philippines' Department of Labor and Employment (DOLE) has introduced a new permit applicable only for the foreign nationals applying for 9(g) Pre-arranged Employment Visas, all other visa categories are exempted.
Argentina Clarifies Income Tax ProvisionsNair and Co.
Argentina has, during the recent past, published amendments to income tax provisions. Certain clarifications have been recently issued relating to these amendments
China Eases Tax Exemption for E-commerceNair and Co.
The Chinese Finance Ministry (MOF) and the State Administration of Taxation (SAT) have recently published a joint circular announcing easier eligibility requirements for tax exemptions for e-commerce exporters.
Belgium Introduces Changes to Employment Law RegulationsNair and Co.
Belgian Official Gazette recently published a new employment regulation outlining employment termination notice periods for both blue and white collar employees, effective 1 January 2014.
Australia Increases Super (Superannuation Guarantee), the Required Employer R...Nair and Co.
The Australian government has announced significant changes to the Super regime. Super contributions will eventually increase to 12% by 2020, reports Nair & Co.’s International HR Team.
The Belgian government has decided to reduce the rate of withholding tax on dividends paid by small- and medium-sized enterprise (SME) to 15 or 20 percent, depending on certain conditions (from 25 percent).
Sir Alan Collins to Honour “Magical Team” at The Churchill Club Awards CeremonyNair and Co.
Nair & Co., a global integrated solutions provider helping companies expand internationally, is proud to be named as the sponsor of the Churchill Club “Magical Team” Award. Sir Alan Collins, the firm’s advisor to the Board, will be presenting the award at The Churchills 2013.
South Korea Enacts Tax Revision Bill: Update from International Tax Complianc...Nair and Co.
The South Korean government passed the Tax Revision Bill in January 2013, which brings in significant changes to corporate and individual taxation provisions, for companies and foreign nationals working in the country, says Nair & Co.’s International Tax Consulting Team.
Australian Federal Court Clarifies that Reasonable Performance Management is ...Nair and Co.
In a case which involved Mr. Ramos and Good Samaritan Industries (GSI), Justice Barker has upheld Federal Magistrate Rolf Driver’s earlier verdict which held that reasonable performance management would not be considered as an adverse action.
India Notifies Rules for ‘Voluntary Compliance Encouragement Scheme’: Update ...Nair and Co.
The Indian government has notified the rules to execute an amnesty scheme i.e. “Voluntary Compliance Encouragement Scheme” which was proposed in its February 2013 budget. A onetime reprieve will be given to service tax defaulters, who make a voluntary disclosure.
India passes finance bill for 2013 14- updates from international tax consult...Nair and Co.
The Indian parliament cleared the Finance Bill on April 30, 2013. It has issued a clarification regarding Tax Residency Certificates (TRC) issued by a foreign government.
Argentina Introduces New Systems for Recording Overseas Payments: Update from...Nair and Co.
The Argentinian government has introduced a new electronic system i.e. the “Single Electronic Window of Foreign Trade” which will enable data transfer and tracking of international trade transactions and commercial information, between different government bodies in Argentina.
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Russia Plagued by Corruption Perception
1. Russia Plagued by Corruption Perception - Forbes Page 1 of 4
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Kenneth Rapoza, Contributor
Covering Brazil, Russia, India & China.
+ Follow
I N V E S TI N G | 6/17/2011 @ 5:42PM | 1,608 views
Russia Plagued by Corruption
Perception
+ Comment now
When it comes to corruption, Russia
takes the cake. And it’s not a cake its
political leaders enjoy, as the
country tries to position itself as a
well-respect and modern emerging
market leader. In fact, plagues of
corruption not only have big
international fund managers like
Foxhall Capital Management out of
Russia, it also keeps foreign
For a country as important as Russia, its high marks companies at bay, and hurts the
for corruption scar the new image Russian leaders
are trying to put forth to the world. local economy.
According to a 2010 year-end
corruption perceptions report by Transparency International, on a scale from
1 to 10, with 10 being ultra-clean, Russia scored a 2.1 on the index, down from
a 2.2 in 2009, making it the most corrupt large nation on earth, and as
corrupt as the smaller nations of Southeast Asia and Libya. Moreover,
Russian citizens are the least likely out of their global peers to believe they
Most Popular
have any shot at making in a difference in the fight against corruption. Only NEWS People Places Companies
45% believe they can make a difference as ordinary citizens, compared to 62%
in Asia Pacific, 73% in Latin America and 81% in North Africa and the Middle Cain Says Perry Camp Behind Sex
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East, two regions of the world where ordinary citizens were able to overthrow
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“Part of it is a reaction to the old vestiges of the Soviet system, and the official Why Siri Is a Google Killer +37,760 views
undemocratic view of the world,” says Shan Nair, CEO of Nair & Co, a global
http://www.forbes.com/sites/kenrapoza/2011/06/17/russia-plagued-by-corruption-perception/ 11/2/2011
2. Russia Plagued by Corruption Perception - Forbes Page 2 of 4
risk management solutions firm. Nair, an Oxford nuclear physicist who was As Report Reveals Toxic Ingredients in
once part of the UK team that helped the European Commission work out its Baby Shampoo, Johnson & Johnson
response to the Russian nuclear meltdown in Chernobyl in 1986, says a lot of Goes Public with Plans to Clean Up
Products +37,335 views
the corruption comes from an anti-West animosity following the break-up of
the Soviet Union in 1991. One client was having tax problems in Russia, so Why Most Women Will Never Become
they sent a female Lithuanian employee from Britain to handle the matter. CEO +34,641 views
She was stopped because of her British passport, and whisked off to Rome to + show more
meet with Russian tax inspectors in an office Nair said was loaded with pin-
up posters of half naked women. “They talked to this woman for nearly an
hour, not about taxes, or what she was doing heading to Russia, but about Kenneth Rapoza
Contributor
how Britain is no longer an empire, though acts like it still is,” he says.
+ Follow
Alcoholism, widely accepted atheism, and a gangster’s take on morality has
hindered Russia ever since Mikhail Gorbachev officially closed the office of I covered Brazil pre-Lula and post-Lula and spent
the last five years covering all aspects of the country
the president of the USSR in December 1991. Since then, Russians have been for Dow Jones, Wall Street Journal and Barron's.
increasingly ravaged by disease and death. It is the only BRIC country facing a Meanwhile, for an undetermined amount of time,
and with a little help from my friends, I will be
shrinking population. Alcohol related health problems have life expectancy parachuting into Russia, India and China. (I figure
for men at just 60 years old, about the same as in Myanmar and Haiti, Public if Anderson Cooper can parachute, I can parachute.)
Radio International reported last year. The author is a Forbes contributor. The opinions expressed
are those of the writer.
In Russia, elected officials, civil servants and police are viewed as the most
corrupt, according to Transparency International. KEN NE TH RAPO Z A’S POPUL AR POST S
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state owned enterprises (SOE) like natural gas giant Gazprom. Russia’s Earthquake Closes Tokyo Disneyland for 10 Days-
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president Dmitry Medvedev said in March that politicians had to leave their
posts at the SOEs by June. Some call it window-dressing. Others say it’s a The Brains Behind 'Occupy Wall Street' 32,880 views
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28,814 views
too hard against the status quo, he will not be re-elected in 2012. Medvedev
has not yet stated his intention to run again. MOR E F RO M KENN ET H R APOZ A
“Compare corruption in India, with its 2G telecom scandal, to Russia. India
corruption leads to prosecution,” says Nair. “The Supreme and High Courts
are incorruptible; you never hear of judges being bribed. They deal with
problems as they come. In China, there is official awareness of corruption and
Kenneth’s News Stream
accounting tricks, which they use to their corporate advantage. It’s a different
Show all activity (20)
ball game in India,” he says.
Comment 2 hours ago
One of the biggest problems with corruption, whether in Russia or elsewhere, Hey Doug. Thanks for reading and commenting.
is that it makes market competition in next to impossible. You gotta read those articles in [...]
on Getting Over Our Over-Levered Selves
“Political corruption influences competition,” says Sam Fouad, a global
managing partner at Ernst & Young in New York. “Right now we are seeing a Comment 3 hours ago
lot of government and private partnerships, which is ripe for corruption and I was being a little tongue in cheek, Bob. But for
those guys [...]
can definitely skew competition when you have a government largess at your on The Sell Side Of Investment Banking Slowly
service. US companies are focused on this, both in the US and abroad, Being Dismantled
because how do you be successful in those markets and stay true to US rules
Comment 11 hours ago
of governance and corporate transparency? It’s a very delicate balance.” My guess is that the market comes back, maybe
with a force. It [...]
Russia may be the black sheep in the big emerging markets, and that’s had on The Sell Side Of Investment Banking Slowly
Being Dismantled
most of its stocks and the Market Vectors Russia (RSX) exchange traded fund
trading at a risk premium to the MSCI EAFE index. It’s a volatile investment,
Comment 11 hours ago
and a volatile country. Russia wants to change that. It’s hosting the emerging Yeah, its bad. What I want to know is who is
market and Russia-centric International Economic Forum in St. Petersburg going to [...]
this week, now in its 15th year. Corruption was not on the table. on The Sell Side Of Investment Banking Slowly
Being Dismantled
http://www.forbes.com/sites/kenrapoza/2011/06/17/russia-plagued-by-corruption-perception/ 11/2/2011
3. Russia Plagued by Corruption Perception - Forbes Page 3 of 4
Russia is not alone when it comes to corruption. According to Transparency • • • • •
International, when it comes to bribery, India’s got Russia beat hands down.
Percentage of Users Who Paid a Bribe to One of Nine Service
Providers in 2010
India is No. 1. The US is tied with Brazil.
India: 54%
Russia: 26%
China: 10%
Brazil: 5%
USA: 5%
Institutions Perceived as Corrupt by Country
In Russia, elected officials and the police are corrupt. In the US, the
Democrats and Republicans are considered corrupt.
Brazil: Political parties, parliament, congress
Russia: Public officials, civil servants, police
India: Political parties
China: Business, private industry
US: Political parties
Corrupt-o-meter
10: squeeky clean. 0: filthy.
Russia: 2.1
India: 3.3
China: 3.5
Brazil: 3.7
USA: 7.1
Denmark, New Zealand and Singapore: 9.3
Source: Transparency International
+ Comment now
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