Global Business Fraud and the Law: Preventing and Remedying Fraud and Corruption provides an essential resource for preventing business fraud and corruption, and remedying unlawful behavior should it occur. In the newly updated guide, seasoned white collar criminal and civil defense practitioners from Squire Patton Boggs analyze significant developments in fraud and compliance from around the world.
This revised edition builds on a well-organized overview of global practices. Part One analyzes practical aspects of global compliance and the potential for internal investigations confronting those conducting international commerce. Part Two provides country-specific practice guides to business fraud and corruption law from Australia, Brazil, China, India, Russia, the United Kingdom and the United States.
From the Editors:
"In conducting business in today’s global economy, competition for increased market share can be fierce. Companies must strive to be compliant both with the Foreign Corrupt Practices Act as well as with the various anti-bribery laws of the non-US jurisdictions in which they do business." - Rebekah J, Poston, partner, Squire Patton Boggs
"We recognize the heightened importance and formidable challenges of designing, implementing and administering an effective global compliance program in a complex and ever changing business and regulatory environment. We share our combined experience to assist in meeting these challenges."- Colin R. Jennings, partner, Squire Patton Boggs
"Whether you manage a company that operates across international borders or provide legal counsel to such a company, this book will guide you in identifying issues and developing practical solutions to compliance challenges." - Thomas E. Zeno, of counsel, Squire Patton Boggs
Significant Updates to the 2016 Edition:
- The Yates Memorandum and the FCPA Pilot Program that define how the DOJ should evaluate corporate cooperation while holding individuals responsible for illegal corporate conduct. (United States)
- Provisional Executive Act 703 that amended the Anticorruption Law regarding negotiation and execution of leniency agreements. (Brazil)
- Decisions of the Federal Antimonopoly Services that expose dominant market participants to turnover-based fines for antitrust violations. (Russia)
- Australia federal government crackdown on offshore criminal activity and enhanced investigations relating to the Unaoil case and tax evaders identified in the Panama Papers. (Australia)
- New Sentencing Guidelines for Health and Safety Offences, Corporate Manslaughter and Food Safety and Hygiene Offences. (United Kingdom)
- Bribery Act enforcement, including self-reporting, civil settlements, deferred prosecution and successful prosecution of a corporate defendant and the International Corruption Unit established in 2015. (United Kingdom)
- "EU-US Data Privacy Shield" regulating cross border exportation of data. (United States, Europe)