Federal Government Audits of International Businesses

Any company that does business anywhere in the world may find itself subject U.S. laws designed to prevent criminal activities. The activities can be as simple as a U.S. company selling products on the internet. On the other extreme, the issue can arise when a foreign corporation trading on a U.S. stock exchange is alleged to have bribed a foreign government official.

From our offices in New York City, our attorneys have amassed up-to-date experience working with U.S. and international clients located in the Middle East, Europe and Asia, who do business in the United States. Our clients call on us for help with compliance, audits and investigations by the U.S. government. Whenever possible, we try to get a head start and prevent legal trouble by guiding our clients through the compliance process. And we are fluent in Arabic, Hebrew, Russian, and Spanish, which means that subtle details aren't lost in translation.

Defending Clients Against Government Investigations, Audits and Lawsuits

You can trust us to manage audits brought by the federal government, defend you against investigations and avoid penalties.

  • The Foreign Corrupt Practices Act (FCPA) prohibits, among other things, bribing a foreign government official. In cases in which our client is accused of giving bribes, the federal government may seek to examine the business records over a period of years. But generally the government will require that the company to shoulder the bulk of the responsibility of discovering its own wrongdoing.
  • The Office of Foreign Assets Control (OFAC) (part of the Treasury Department) requires that companies take measures to avoid selling to potential terrorists posing as customers. It can be difficult to distinguish among the long list of names in foreign languages on the government database. We can show that you have the right compliance procedures in place to prevent selling to potential terrorists and or other wrongdoers.

Our lawyers sift through these records to determine whether there is any merit to the government's accusations; if there is, the gravity of the problem; and the extent of the company's financial and operational liability. Then we formulate a response to the government to put the company in the best position possible under the circumstances.

Managing Compliance Requirements and Implementing Solutions

The penalties for not following compliance guidelines and requirements imposed by the federal government can be severe - fines, criminal liability in some cases, and the distinct possibility of having U.S. operations shut down. We manage compliance requirements and implement solutions:

  • We provide guidance and checklists
  • We prove to the government that businesses are compliant
  • We are uniquely positioned to out-perform larger firms and other service providers

Do not trust your FCPA and OFAC compliance needs to computer software or to inexperienced searchers. Contact us to discuss your compliance needs today.