Overview
Anti-corruption and bribery regulations are seeing increasingly strict enforcement that deserves board attention, particularly in sectors with intensive government dealing where the chances of intersecting with public officials increase.
Some sectors carry specific money laundering disclosure obligations, and companies operating in them need internal monitoring programs aligned with these obligations to avoid a violation that could be seriously consequential.
Regulatory Basis
This area falls under the Anti-Bribery Law and Anti-Money Laundering Law and their implementing regulations, which set out prohibited acts and required disclosure obligations.
How We Help With Compliance
We review the company's current anti-bribery programs, and identify gaps that need addressing before they turn into an actual violation.
Who Needs This Service
A company with intensive government dealing that needs its anti-bribery program reviewed and updated aligned with the latest requirements.
A company facing an investigation connected to bribery or money laundering suspicion that needs immediate representation to protect its interests.
We notice that companies with intensive government dealing need regular training for their employees on the line between acceptable business hospitality and actual bribery, since this line sometimes falls in a gray area where an employee needs clear guidance rather than personal judgment on the limits of what's acceptable when dealing with a specific government official.
Additional Considerations
When an investigation expands to include specific individuals within the company, this connects with our white-collar and corporate crime service.
For reviewing board liability over compliance programs, this connects with our corporate governance and compliance service.
Common Questions
Does every company need a formal anti-bribery program?
The need for this grows with increased government dealing or cross-border activity, and we assess your company's actual risk level to determine the appropriate program scope.
What do we do if we receive an investigation regarding bribery suspicion?
Immediate action and early legal representation generally preserve more options than waiting, and we handle this representation with complete confidentiality.