Tapping Into Latham's Antibribery Compliance App
Help with Federal Corrupt Practices Act (FCPA) compliance is now just a tap away for in-house counsel and compliance officers. Latham & Watkins has released a free application for the iPad that aims to help its clients and other global businesses navigate antibribery and anticorruption laws in different parts of the world.
The AB&C Laws app covers 13 different countries and features a number of resources, such as the legislative framework in each location, the key elements of relevant offences, any extraterritorial supplication, potential penalties and sanctions, and official guidance.
According to Latham & Watkins, the app will be of particular interest to general counsel, chief compliance officers, compliance personnel, senior management, procurement and supply chain managers, and sales agents, among other executives.
John Hull, a litigation partner in Latham’s London office and co-lead of the initiative, said in a statement that the app will help companies comply with government organizations that have stepped up enforcement worldwide and deal with laws that have grown more complex.
“We have seen an enormous increase in resources devoted to antibribery and anticorruption enforcement around the world,” says Doug Greenburg, a white-collar criminal defense partner in Latham’s Washington, D.C., office who worked on the app. “FCPA enforcement is on levels nobody would’ve imagined 10 years ago, and it continues to be a cresting wave.”
While AB&C Laws does not act as a substitute for legal advice, Greenburg says, the app will nonetheless allow users to familiarize themselves with the basic outlines of pertinent laws, filling a need created by strengthened enforcement regimes.
“The need for general counsel, compliance officers, and business leaders to have a working knowledge of relevant antibribery laws has never been more acute,” Daniel Smith, a litigation senior associate in Latham’s London office, who co-led the initiative, said in a statement.