3rd Edition of Highly Acclaimed FCPA Handbook Published
27 Aug, 2013
The American Bar Association has published the third edition of The Foreign Corrupt Practices Handbook – A Practical Guide for Multinational General Counsel, Transactional Lawyers and White Collar Criminal Practitioners. Authored by Baker & McKenzie Partner Robert W. Tarun, the comprehensive guide identifies the major risk areas addressed by the Foreign Corrupt Practices Act (FCPA) and offers companies practical suggestions to effectively manage these risks and conduct credible internal investigations. Mr. Tarun has conducted sensitive investigations in more than 50 countries.
According to Mr. Tarun, more than 80 percent of the book’s 1,020 pages have been updated in the third edition to reflect the latest developments in the field. The new handbook includes an extensive analysis of the recent DOJ-SEC Resource Guide, as well as a review of the more than 20 FCPA resolutions that have occurred since the publication of the second edition. In addition, the guide details the issues that investigation counsel, outside
auditors and forensic accountants routinely face in complex FCPA investigations.
“There’s no question that FCPA enforcement, risk and compliance continue to be among the top issues on the minds of in-house counsel, and the recent attention on the DOJ-SEC Resource Guide speaks to the audience for greater clarity in this area,” said Mr. Tarun. “The Handbook is designed to provide comprehensive and practical guidance to lawyers navigating the complex FCPA landscape, and we’re pleased to offer this latest edition to the legal community.”
Several notable FCPA lawyers, in-house counsel and forensic accountants from New York to London to Shanghai to Silicon Valley have praised the new guide as “the best FCPA book,” “a must read for any lawyer handling FCPA matters…by one of the country’s outstanding white collar criminal lawyers,” and a “deeply authoritative treatment of the FCPA.” “No one knows the Foreign Corrupt Practices Act better” than Mr. Tarun, said one reviewer. A Silicon Valley forensic offered, “Bob Tarun truly understands how companies operate and what will and won’t work in different business environments.” Click here to view additional comments about the latest edition.
The Foreign Corrupt Practices Handbook contains practical guidance on a wide range of FCPA areas, including the FCPA’s expanding jurisdiction; anti-bribery conventions and global law enforcement efforts; board of directors and management responsibilities; transaction issues and considerations; gifts, travel, lodging and entertainment; charitable donations and political contributions; and conducting and defending an FCPA investigation. Import and export risks implicated by the FCPA, effective compliance programs, enforcement trends, and the increased focus on health-care and life science companies are among the other new or expanded areas covered in the third edition. More information about the book is available on the ABA website.
The book follows other recent Baker & McKenzie publications by the Firm addressing compliance challenges for multinationals. A recent study on cross-border M&A trends noted compliance issues as being the number one issue for dealmakers. The Firm’s renowned Global Corporate Compliance Practice also recently published a guide and video on the five essential elements of corporate compliance.