Global Legal Insights - Bribery & Corruption - U.S. and Hong Kong Chapters
Global enforcement of anti-bribery and anti-corruption laws has increased in recent years, with aggressive enforcement of the U.S. Foreign Corrupt Practices Act (FCPA), recent high profile corruption investigations and enforcement actions in Hong Kong, and strengthened laws in many other jurisdictions. Businesses operating in a global marketplace must often comply with many countries’ legal regimes simultaneously. Companies must localize and integrate robust anti-corruption procedures into their corporate compliance program, with particular risk-based attention to local practices, transactions and relationships that raise the possibility of anti-corruption liability, such as consultant relationships, mergers, and joint ventures.
The third edition of Global Legal Insights – Bribery and Corruption, published by Global Legal Group Ltd of London, sets forth the legal environment regarding bribery and corruption enforcement in 29 countries worldwide. In addition to addressing the legal regimes in each jurisdiction, the authors identify current trends in enforcement and anticipated changes in the future.
Jeremy Zucker and Darshak Dholakia contributed the chapter on U.S. law and enforcement. Kareena Teh and Fabian Roday contributed the chapter on Hong Kong law and enforcement. These chapters cover topics including:
· Scope and extra-territorial reach of the U.S. and Hong Kong laws
· Recent enforcement trends
· Criminal, civil, and other sanctions for violations
· Deferred prosecution agreements and other resolutions
· Due diligence and self-reporting
· Whistleblower provisions