ANTI CORRUPTION

ANTI CORRUPTION

The regulatory regime in India has evolved significantly in recent times with an overall global increase in scrutiny on white-collar crimes and corporate governance. Some recent developments include the (Indian) Companies Act, 2013 introducing the offence of fraud with stringent disclosures and penalties, the introduction of the Companies (Auditor’s Report) Order, 2020, and the 2018 amendment to the Prevention of Corruption Act, 1988. In addition, the Foreign Corrupt Practices Act, 1977 (FCPA) and the UK Bribery Act, 2010 (UKBA), foreign enforcement authorities are placing emphasis on corporate actions in context of corruption and fraud, and companies across the world are under heavy scrutiny.

We assist in internal investigations and fact-finding exercise along with advice on white collar crimes such as corruption, bribery, mis-governance, fraud, misconduct, money laundering, cybercrime, embezzlement, data privacy and all other economic offences.

We prepare, design and review corporate compliance programs; policies, practices, and procedures on anti-corruption and whistle-blowers, codes of governance, ethics, and conduct; and internal controls. We also conduct training programs and sessions on anti-corruption laws and whistle-blower policies, code of conduct and ethics, internal controls for the board of directors, key managerial personnel, executives, managers, employees, agents, and other appropriate third parties, in diverse formats such as one-on-one training, seminars, workshops, and off-sites.

We also assist in both a preventive (i.e. drafting & implementation of Anti-Corruption Compliance policies) as well as a responsive (i.e. conducting internal investigations and initiation of proceedings in relation to corruption, fraud, and money laundering related issues) role.