Thought Leadership

Thought Leadership

Don’t Go it Alone: FCPA Resource Guide Highlights Need for Risks and Controls Experts

The U.S. Department of Justice (“DOJ”) and the U.S. Securities and Exchange Commission (“SEC”) Resource Guide to the U.S. Foreign Corrupt Practices Act (“FCPA Resource Guide”) is full of terms like “internal controls,” “risk assessment,” “remediation” and “testing.” These words are tools of the trade to forensic risks and control experts, a specialty that combines a forensic mindset, risk management expertise, fraud auditing and investigative skills, data analysis, and experience working with lawyers and organizations before, during, and after legal crises arise.

In this update, StoneTurn Partners Jonny Frank and Simon Platt, drawing upon their experience as founders and national leaders of forensic auditing practices, identify specific provisions of the Guide that warrant consultation with forensic risk and controls experts, and how lawyers and organizations can leverage that expertise to avoid criminal prosecution, escape a government-imposed monitor, reduce criminal and civil penalties, mitigate collateral consequences sanctions, cut costs of doing business globally, safeguard brand value and corporate culture, and protect the personal reputation of board members and management.

Read the full article.