Subject Matter Professionals Provide Turkish Businesses with FCPA Compliance Guide
NEW YORK, September 30, 2021 / PRNewswire / – With Turkish entities and Turkish subsidiaries of American companies facing the reality of a refocused application landscape, two leading law firms – Michelman & Robinson, LLP and Cetinkaya – have united their strengths to provide businesses in all sectors with Turkey with a comprehensive overview of compliance with the Corrupt Practices Abroad Law.
The Biden administration has said fighting corruption is central to the national security interests of the United States. This goal will inevitably translate into increased efforts to promote good corporate governance, bring transparency to U.S. and global financial systems, and make it even more difficult for corrupt actors to protect their businesses.
To achieve these goals, enforcement of the FCPA will surely be a priority, not only by the Department of Justice and the Securities and Exchange Commission operating with enhanced enforcement resources, but also with the coordinated assistance of other government departments. and federal agencies and an increased fight against corruption. investigative and enforcement cooperation between US and foreign government authorities.
As TurkeyFCPA-based entities will be among those affected by redoubled FCPA enforcement efforts, attorneys for M&R, a US national firm with offices in Los Angeles, New York City, Chicago and San Francisco, and IstanbulCetinkaya is the author of a recently published white paper titled “FCPA for Turkish Business”. The report is a resource guide for understanding the FCPA, how it is applied, and compliance best practices.
The white paper covers a wide range of topics, including a detailed summary of the FCPA, exceptions to the law, and affirmative defenses available to those accused of violating it. In addition, the document covers mitigating factors, principles of application, and the criminal and civil consequences of unlawful misconduct.
Bradley henry, partner of M&R’s White-Collar Defense & Investigations Practice Group in New York and one of the lead authors of the white paper, says: “We have worked hand in hand with Cetinkaya to educate companies in Turkey, including US subsidiaries, on the FCPA in general and, more specifically, the importance of establishing compliance programs so that corruption can be detected or otherwise prevented before it occurs. He goes on to explain, “With the white paper, we have provided a succinct and detailed overview of what entities need to know to navigate extraterritorial anti-corruption laws, including relevant statistics and an overview of FCPA cases involving Turkey. “
Kemal Altug Özgün, partner at Cetinkaya and co-author of the white paper adds: “Ignorance of the FCPA and its scope is no excuse, which is why companies in Turkey must understand that if they are operating internationally, compliance with the FCPA is essential in order to avoid civil and criminal liability. “
For those interested, the white paper is available here. Henry, Özgün and others from M&R and Cetinkaya will expand on the issues discussed in the white paper and others related to international risk at Turkey’s second annual FCPA annual conference, by invitation only, to be held on October 5 at the Four Seasons Hotel Istanbul on the Bosphorus.
About Michelman & Robinson, srl
M&R is a national law firm with offices in Los Angeles, New York City, San Francisco and Chicago. The firm represents clients in white collar criminal defense, investigations and compliance; cross-border disputes, complex and class actions; and matters relating to employment, corporate transactions, regulation, cybersecurity, privacy, real estate and bankruptcy. It does this for companies, their boards of directors and special committees, and directors and officers in all industries, including advertising and digital media, aviation, banking and financial services, energy, l hospitality, insurance, music and entertainment, pharmaceuticals, retail and clothing, technology and telecommunications. For more information, please visit www.mrllp.com.
Cetinkaya is a full service law firm based in Istanbul serving local and international customers. Its lawyers have extensive expertise in providing advice on dispute resolution, commercial crime, technology, data protection and intellectual property. Cetinkaya prides itself on helping its clients navigate their way through an ever-changing and challenging legal and regulatory landscape. With a transparent multidisciplinary approach positioned at the intersection of industry knowledge and legal expertise, the firm provides its clients with legal solutions tailored to their legal needs. Turkey. For more information, please visit www.cetinkaya.com.
For more information, contact:
MICHELMAN & ROBINSON
SOURCE Michelman & Robinson, srl