Sergey Puzyrevskiy: FAS has formed positive legal consequences for the companies that implemented compliance in their activities

17-04-2017 | 13:40

Administrative liability for such companies will be educed by 1/8 in case of violating the Federal Law “On Protection of Competition”

Deputy Head of FAS Sergey Puzyrevskiy: “We consider that corporate compliance is a system of in-house prevention of antimonopoly violations. The Antimonopoly Service drafted a law that is now under discussion at the Government of the Russian Federation and is practically ready for introducing to the State Duma of the Russian Federation”.

In the introductory remarks of the Round Table organized by the Association of Antimonopoly Experts, a branch of FAS Centre for Education and Methodics in Moscow and the Competition Law Department of Kutafin Moscow State Law University (MSAL), he pointed out that the draft law contains the voluntary principle, i.e., a company decides  independently whether to introduce this system. “The result of implementing the antimonopoly compliance system is a positive legal consequence – reducing administrative liability by 1/8”, added Sergey Puzyrevskiy.

Director of a branch of FAS Centre for Education and Methodics (Moscow), Stanislav Druzhinin emphasized the importance of adopting the draft law, because the Centre constantly receives enquiries from business for training on introducing antimonopoly compliance.

Head of FAS Legal Department Artem Molchanov described compliance systems in such countries as the UK, South Korea, Brazil, etc. He also made a comparative analysis of compliance practices abroad and in Russia.

Denis Gavrilov, a representative of the Association of Antimonopoly Experts summed up the Round Table: “The workshop clearly demonstrated the importance of antimonopoly compliance. The issue generated a vivid interest of the audience. The leading Russian companies, including state-run companies, proved with their own examples that compliance programmes are sought after and can be very efficient in preventing the antimonopoly risks. No doubt that FAS law-making initiatives on formalizing antimonopoly compliance as a Russian law institution are quite timely, conform to the best world practices and are supported by business and experts”.

Site Map

News & Events Press Releases Media Releases Image Library About the FAS Russia What We Do General Information Mission, Goals, Values Priority Setting Institutional Memory Stakeholders Engagement Center for Education and Methodics Our History Our Structure Powers of Head and Deputy Heads Our Ratings GCR Using our website International Cooperation Treaties & Agreements International Working Groups Working Group on Research of Competition Issues in the Market of International Telecommunications (Roaming) Meetings Working Group for Studying Competition Problems in the Pharmaceutical Sector Concept Note Meetings OECD Competition Committee OECD meetings 2013 OECD meetings 2014 OECD meetings 2015 OECD meetings 2016 OECD meetings 2017 FAS Annual Reports OECD-GVH RCC RCC Newsletter ICAP Council on Advertising Headquarters for Joint Investigations UNCTAD 13th session IGE UNCTAD Resolution Russian contributions 14th session IGE UNCTAD Resolution Russian contributions 15th session IGE UNCTAD 16th session IGE UNCTAD UN Conference Resolution of the Conference Russian contributions EEU Model Law on Competition ICN BRICS WG (Markets of Social Importance) EU APEC Competition Policy and Law Group Annual meetings Projects ERRA Full Members Organizational Structure Archive Working Group on Investigating Issues on Pricing in the Oil and Oil Product Markets and Methods of their Functioning Meetings Document Library Legislation Reports & Analytics Cases & decisions Contacts Give feedback Contact us Links Authorities Worldwide