Enforcement of anti-corruption laws is ever-increasing both in the United States and globally. The Department of Justice, the Securities and Exchange Commission and governments around the world enforce bribery and anti-corruption regulations that can present significant compliance risks for companies of all sizes. Regulatory scrutiny is always a concern as companies are challenged to meet an increasingly diverse set of requirements, including anti-corruption laws, such as the Foreign Corrupt Practices Act (FCPA), the UK Bribery Act (UKBA), and the Corruption of Foreign Public Officials Act (CFPOA).
Meeting each of the terms of these laws requires a strong culture of corporate compliance, where employees understand the laws and their role in ensuring that the company complies. And even with the most robust compliance programs in place, violations of anti-corruption laws can occur.
Why Compliance With Anti-Corruption Laws Matters
Violations of anti-corruption laws can result in multimillion-dollar fines and even jail time for individuals. Disgorgement of profits and debarment from public-sector engagements in the U.S., Canada, the European Union, and other regions of the world, are just some of the serious consequences that can result from violations of anti-corruption laws. Companies can also lose their export/import licenses and experience costly damage to their reputation.
Weaver assists companies and individuals in developing, implementing and monitoring proactive compliance programs to control risks and, when issues arise, respond to regulators. If companies have concerns about potential violations of the UKBA, FCPA, CFPOA, or other Anti-Corruption laws, we help them conduct risk assessments, internal investigations and, as necessary, deal with regulators and whistleblowers.
Anti-Bribery & Anti-Corruption (ABAC)
Every company should have a strong corporate compliance program that sets consistent expectations for ethical and compliant behavior. Our ABAC team provides services related to helping companies prevent, detect, and respond to corruption, compliance, white-collar crime, and ethics concerns.
- Compliance program development
- Training, outreach and advisory content
- Implementation of ethics and compliance hotlines
- Program review and monitoring
- Anti-corruption due diligence (third parties, mergers and acquisitions)
- Anti-corruption transaction monitoring
- Internal controls design and implementation
- Forensic due diligence
- Risk assessments and gap analyses
- Compliance day/week development
- Responding to regulatory inquiries
- Conducting internal and external investigations
- Litigation assistance, including expert witness testimony
- Whistleblower-claims assistance
- Forensic accounting
- Digital forensics and forensic data analytics
- Asset tracing and recovery
- Expert witness testimony
Weaver’s experience translates into increased levels of client compliance with anti-corruption laws
Our experienced professionals can assist clients in developing compliant and effective corporate governance frameworks to comply with anti-corruption laws, including U.S. Foreign Corrupt Practices Act (FCPA), and have led large global anti-corruption investigations.
Leveraging our professionals’ deep experience, we assist organizations with the development and monitoring of their anti-corruption, compliance and ethics programs. Weaver also performs proactive risk assessments. If the need arises, we assist in investigations, respond to regulatory inquiries and whistleblower allegations by utilizing forensic accounting and investigation techniques to gather, analyze and uncover financial evidence.
Representative project examples include:
- Fortune 50 Technology Companies: Developed training content for multiple companies and advised on anti-corruption issues including due diligence, investigations (both internal and external), continuous risk assessments (both internal and external), briefing of Audit Committees and Boards of Directors, and development of anti-corruption and ethics programs and policies, including Compliance Week programs
- Publicly Traded Oil and Gas Companies: Performed investigations globally, spanning Asia Pacific, Latin America, Europe, Middle East and Africa
- Information Technology Start-Ups: Developed and monitored company-wide compliance programs
- Fortune 100 Oil and Gas Companies: Developed and delivered anti-corruption training and advised on anti-corruption program
What Sets Weaver’s ABAC Team Apart
Weaver’s professionals are uniquely positioned to assist existing and prospective clients with their compliance needs. Led by professionals who have managed multimillion-dollar investigations, mergers and acquisitions, and served as subject-matter experts in developing and monitoring compliance programs — both at international firms and for international companies — our approach to clients’ needs is informed by our collective experience.
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