Lex Mundi Publishes Best Practices in Preventing Fraud and Corruption in a Global Business

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Lex Mundi Publishes Best Practices in Preventing Fraud and Corruption in a Global Business

In response to the international challenges of how to address and prevent fraud and corruption in a global business, Lex Mundi has published Best Practices in Preventing Fraud and Corruption in a Global Business.

In today's global business climate, addressing and avoiding fraud and corruption require more focus than ever from corporations and their advisors as the regulations that guide operations and practices have become increasingly numerous and complex. Regulatory authorities share information with each other more frequently, are increasingly aggressive about enforcement and are adamant about their expectation of accountability for business conduct around the world.

Developed by Lex Mundi member firms around the globe, Best Practices in Preventing Fraud and Corruption in a Global Business provides practical suggestions to enable corporations and their law firm advisers to develop effective compliance programs that will avoid, detect, and remedy wrongdoing, especially fraud and corruption. This best practices publication is an essential guide for any lawyer responsible for counseling clients in this critical area.

This best practices guide covers:

  • Anti-corruption norms and implications for business practices
  • Necessary oversight strategies
  • Measures for investigating and resolving compliance problems
  • Structure of the compliance function and the internal communication and education required to promote compliance
  • Risk of third-party fraud and corruption
  • Advice on how to avoid successor liability for anti-corruption violations

The guide, developed as part of the Lex Mundi Best Practices Series, also provides practical information and sample materials for use in developing or enhancing compliance programs.

About Lex Mundi
Lex Mundi is the world’s leading network of independent law firms with in-depth experience in 100+ countries. Lex Mundi member firms offer clients preferred access to more than 21,000 lawyers worldwide – a global resource of unmatched breadth and depth. Each member firm is selected on the basis of its leadership in – and continued commitment to – its local market. The Lex Mundi principle is one independent firm for each jurisdiction. Firms must maintain their level of excellence to retain membership within Lex Mundi.

Through close collaboration, information-sharing, training and inter-firm initiatives, the Lex Mundi network is an assurance of connected, on-the ground expertise in every market in which a client needs to operate. Working together, Lex Mundi members are able to seamlessly handle their clients’ most challenging cross-border transactions and disputes.

Member law firms are located throughout Europe, the Middle East, Africa, Asia and the Pacific, Latin America and the Caribbean and North America. Through Lex Mundi’s nonprofit affiliate, the Lex Mundi Pro Bono Foundation, members also provide pro bono legal assistance to social entrepreneurs around the globe.

For more information, please visit http://www.lexmundi.com and http://www.lexmundiprobono.org.

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Kathleen Pope-Sance
Lex Mundi
+1 (713) 328-4521
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Carl Anduri
Lex Mundi
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