9 September 2015
Mayer Brown has published “The Long Arm of US Law: A Guide to the United States’ Efforts to Police Business Around the World,” which provides an introduction to some of the US laws that are most likely to be applied against companies located outside the United States that do business directly or indirectly in the country.
“Many businesses operating outside the United States assume that they are not subject to US law—a reasonable assumption that is often wrong,” said Kelly Kramer, co-leader of Mayer Brown’s White Collar Defense & Compliance practice and co-author of the new guide. “Mayer Brown’s guide is structured to help non-US companies understand how and why the United States imposes its laws on foreign conduct and how such companies can avoid compliance problems.”
Alex Lakatos, partner in Mayer Brown’s Litigation & Dispute Resolution and Financial Services Regulatory & Enforcement practices and co-author of the guide, added: “Over the past 10-15 years, the US government has increasingly demonstrated a willingness to investigate and prosecute foreign companies and their executives for conduct occurring outside the country. The US government and civil plaintiffs alike have filed many significant cases against non-US businesses, and as a result, businesses everywhere must be mindful of US law.”
The 37-page guide offers an overview of US laws including the Foreign Corrupt Practices Act, the Anti-Terrorism Act, key federal anti-money laundering statutes, antitrust and competition laws, economic sanctions and trade restrictions, securities enforcement and customs laws. The guide answers questions such as:
• What kinds of US laws are applicable to conduct outside the United States?
• Why does the United States seek to regulate non-US conduct?
• How can US authorities and civil plaintiffs enforce laws against non-US businesses?
• What can non-US companies do to protect themselves from US enforcement actions?
“The Long Arm of US Law: A Guide to the United States’ Efforts to Police Business Around the World” reflects contributions from Washington DC-based Mayer Brown lawyers across a wide range of practice areas who have deep experience in advising companies around the world on legal issues related to international trade, white collar investigations and enforcement actions, federal securities law violations, and complex international litigation. In addition to Messrs. Kramer and Lakatos, authors include partners Simeon Kriesberg, Sydney Mintzer and Matthew Rossi, counsel Carol Bilzi and associates Stephen Medlock, Matthew Alexander, Kelsey Rule and Chris Ford.
For more information, or to request a copy of the guide, please visit: https://www.mayerbrown.com/The-Long-Arm-of-US-Law/