Latham & Watkins Launches World's First Anti-Bribery and Anti-Corruption Laws App
26 Jul, 2013
Latham & Watkins LLP1 is pleased to announce the launch of its AB&C Laws™ app for iPad, an on-the-go reference guide to anti-bribery and anti-corruption legislation in 13 of the world’s major economies. The app is available as a free download on the iTunes App Store and can be used on Apple’s iPad device.
A first of its kind, the AB&C Laws™ app covers major jurisdictions in Asia, the Middle East, Europe and the US, namely: China, France, Germany, Hong Kong, Italy, Japan, Russia, Saudi Arabia, Singapore, Spain, the UAE, the UK and the US. Readily available, fully downloadable and easily navigable, the app features a number of important resources and information such as the legislative framework, offences, territorial application, limitation, enforcement, penalties and official guidance, all incorporating pop-up source references and definitions. The app will be of particular interest to chief compliance officers, compliance personnel, general counsel, senior management, procurement and supply chain managers and sales agents, among other executives.
Daniel Smith, a litigation senior associate in Latham & Watkins’ London office, who co-led the multi-office project, commented: “The need for general counsel, compliance officers and business leaders to have a working knowledge of relevant anti-bribery laws has never been more acute. This app puts an encyclopaedic knowledge of anti-bribery and anti-corruption laws from across the globe at the fingertips of busy executives, and we hope it proves a valuable part of any organisation’s ethics resources.”
The AB&C Laws™ app includes:
• the key elements of relevant offences;
• extra-territorial application;
• potential penalties and sanctions;
• official guidance, where available, including steps which can be taken to reduce the risk of bribery and corruption.
“Global businesses face increasingly complex laws. Furthermore, governments and law enforcement agencies have sharpened their focus on bribery and corruption, expanding the extra-territorial reach of the laws and enhancing the detection, investigation and enforcement of white collar crime,” added John Hull, a litigation partner in Latham’s London office and co-lead of the initiative.
“Corporate governance is a hot issue for business leaders. Reducing the risk posed by financial crime will remain a priority boardroom concern, and governments continue to raise the stakes with greater enforcement of anti-corruption legislation and more severe penalties for offences in response to bribery and corruption,” said Doug Greenburg, a white collar criminal defense partner in the Latham’s Washington, D.C. office and Vice-Chair of the firm’s Global Litigation Department.
Andrew Wilson, Interim Director and CEO of the International Chamber of Commerce UK, commenting on the app, said: “In recent years, we have seen a significant shift in the international anti-corruption landscape—both in terms of multilateral initiatives and new legislation in a range of key markets.
We welcome the launch of Latham & Watkins’ anti-corruption app: it’s certainly a timely initiative and one which should prove to be a useful reference tool for companies of all sizes.”
The AB&C Laws™ app was researched and compiled with input from across the firm’s global network, leveraging the broad expertise and knowledge within the firm’s market-leading White Collar Defense and Government Investigations Practice.
“We are pleased to make this easy-to-use app available to business leaders worldwide, so they have a ready reference source for key anti-corruption legislation,” said Steve Bauer, Global Co-Chair of the Latham & Watkins’ White Collar Defense and Investigations Practice.