Recent developments in anti-corruption legislation, particularly in the US and the UK, have substantially increased the risks for global companies which leave bribery and corruption unchecked anywhere in their business.
Unlimited fines, seizure of income, disbarment from tendering, imprisonment of directors and reputational damage can all arise from increased enforcement by tough regulators with extensive powers and the resources to launch major international investigations.
Salans’ Global Anti-Corruption & Economic Crime Group consists of experts in the anti-corruption laws of the key jurisdictions. They work together to ensure that clients have access to a fully integrated, global approach to corruption risk reduction and management. In the event of an investigation, the team can represent clients in all applicable jurisdictions, every step of the way.
We have particular expertise and experience in compliance by companies with US, UK and other globally applicable anti-bribery laws in Russia, other CIS countries and China, as well as compliance with domestic anti-bribery laws in those jurisdictions and across Western, Central and Eastern Europe.
Specifically, we have developed a toolkit for compliance which enables clients to identify the legal and commercial corruption risks they face, to address these risks and to minimise them on a constant basis. The various elements of the toolkit, may be used separately or as one package, the emphasis always being on the identification and reduction of risk.