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Corruption and Financial Crime

There has been a significant increase in criminal law risks associated with the activities of joint ventures. The most significant among these are bribery, tax evasion, international sanctions and money laundering.

This module identifies best practice procedures to mitigate corruption and financial crime that can increasingly occur when joint ventures deliver complex global mega infrastructure projects.

Duncan Holland

Head of Legal, Cairn Energy plc

While conducting business through a JV spreads financial risk, unless carefully managed a JV can increase compliance risks. Before proceeding with a JV, anti-bribery and compliance due diligence is a significant risk management focus for Cairn Energy

Key considerations

  • Complete a documented risk assessment
  • Carry out due diligence on prospective JV partners
  • Understand the legal structure of the JV
  • Implement a suitable compliance structure
  • Ensure JV Agreement has suitable contractual controls

Tom Stocker

Partner

Greater oversight of a JV's operations will come through the use of cloud based technology and reporting but this itself will create compliance challenges due to increasingly onerous data protection laws

Meet the team

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Deirdré Simaan

Partner

Deirdré specialises in local and international engineering and construction transactions in the mining, infrastructure and energy sectors. She has worked with a wide range of stakeholders in the engineering and construction value chain.

Dr. Eike W. Grunert

Rechtsanwalt, Partner

Eike advises corporations in the areas of corporate compliance and internal investigations, with a particular focus on the design, implementation, monitoring, review, and effectiveness assessment of compliance management systems in key compliance risk areas.

Eike Grunert
Melina Wolman

Partner

Melina heads the Paris litigation team. She assists and represents French and international clients in France and abroad, in particular in cross-border disputes dealing with issues such as conflict of law and jurisdiction and devising international litigation strategies. She represents clients in commercial, product liability, distribution and art law disputes.

Melina Wolman
Neil McInnes

Partner

Neil is a criminal defence and corporate crime specialist, with extensive experience of conducting anti-corruption, fraud and other investigations across Asia and Europe as well as involving other jurisdictions worldwide.

McInnes Neil
Seema Bono

Senior Associate

Seema specialises in international commercial dispute resolution and investigations.

Si En Tan

Senior Associate

Si En is a Singapore-qualified criminal lawyer specialising in corporate criminal investigations and regulatory matters. She also advises on anti-bribery, corruption and fraud compliance with both international standards and Singapore laws.

Si En Tan

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