governance, compliance and investigations · bowmans is a leading pan-african law firm. ... (2014...
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GOVERNANCE, COMPLIANCE AND INVESTIGATIONS
2
Contents
04 OurFirm
05 OurFootprintinAfrica
06 OurGovernance,ComplianceandInvestigationsPractice
07 OurSpecialistServices
12 Accolades
14 KeyContacts
Governance, Compliance and Investigations
3
CONTENTS PAGE
Our Firm
Bowmans is a leading Pan-African law firm. Our track record of providing specialist legal services, both domestic and cross-border, in the fields of corporate law, banking and finance law and dispute resolution, spans over a century.
WithsixofficesinfourAfricancountries
andover400specialisedlawyers,we
aredifferentiatedbyourgeographicalreach,
independenceandthequalityoflegalservices
weprovide.
Wedrawonouruniqueknowledgeofthe
Africanbusinessenvironmentandin-depth
understandingofthesocio-politicalclimateto
adviseclientsonawiderangeoflegalissues.
Ouraimistoassistourclientsinachievingtheir
objectivesassmoothlyandefficientlyaspossible
whileminimisingthelegalandregulatoryrisks.
Ourclientsincludecorporates,multinationals
andstate-ownedenterprisesacrossarangeof
industrysectorsaswellasfinancialinstitutions
andgovernments.
Ourexpertiseisfrequentlyrecognisedby
independentresearchorganisations.Wehave
beennamedAfricaLegalAdviserbyDealMakers
forthelasttwoconsecutiveyears(2014and2015)
andSouthAfricanLawFirmoftheYearfor2016
bytheWho’s Who Legal.Mostrecentlywewon
theBanking,FinanceandRestructuringTeamof
theYear,theEmploymentTeamoftheYear,and
thePropertyTeamoftheYearAwardsat
theprestigiousAfricanLegalAwardshosted
by Legal WeekandtheCorporateCounsel
AssociationofSouthAfricain2016.
4
BOWMANS
CONTENTS PAGE
Bowmans offices
Relationship firm
Francophone Africa coverage
Significant transaction
or advisory experience
Bowmans offices
Relationship firm
Francophone Africa coverage
Significant transaction or advisory experience
SOUTH AFRICA
MADAGASCAR
NIGERIA
KENYA
UGANDA
Bowmans offices
Relationship firm
Francophone Africa coverage
Significant transaction or advisory experience
SOUTH AFRICA
MADAGASCAR
NIGERIA
KENYA
UGANDA
Weprovideintegratedlegalservices
throughoutAfricafromsixoffices
(Antananarivo,CapeTown,Durban,Johannesburg,
KampalaandNairobi)infourcountries(Kenya,
Madagascar,SouthAfricaandUganda).
WeworkcloselywithleadingNigerianfirm,
UdoUdoma&Belo-Osagie,whichhasofficesin
Abuja,LagosandPortHarcourt,andhavestrong
relationshipswithotherleadinglawfirmsacross
therestofAfrica.
WeprovidecoverageoffrancophoneOHADA
jurisdictionsacrossthecontinent(includingBenin,
BurkinaFaso,Burundi,Cameroon,CentralAfrican
Republic,Chad,CongoRepublic,Democratic
RepublicofCongo,Gabon,Guinea,IvoryCoast,
Mali,Mauritania,Niger,Rwanda,Senegaland
Togo)fromourofficeinMadagascar.
WearerepresentativesofLexMundi,aglobal
association,withmorethan160independentlaw
firmsinallthemajorcentresacrosstheglobe.This
associationgivesusaccesstothebestfirmsin
eachjurisdictionrepresented.
Our Footprint in Africa
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Governance, Compliance and Investigations
Therehasbeenaglobalshifttowardsthe
enforcementofanti-corruptionlegislation.
Thiscoupledwithsignificantfinesandpenalties,
highlightstheneedforspecialisedgovernance,
complianceandinvestigationlegalservices.
OurGovernance,ComplianceandInvestigations
Practicerepresentsabroadspectrumofprivate
andpublicsectorclientsincludingmajorlistedand
unlisteddomesticandinternationalcorporations
andbankinginstitutions,state-ownedenterprises,
governmentdepartments,localgovernment
institutionsanddevelopmentinstitutions.
Weundertakespecialistforensicinvestigations;
providegovernance,corruptionandregulatory
complianceadvice;andcompleterisk
managementreviews.
Weactforclientsininvestigationsand
proceedingsbycriminalandregulatoryagencies
andhavebeeninvolvedinseveralhighprofileand
publicinterestcases.Theseincludethelargest
PonzischemeinvestigationinAfricaandoneof
thelargestandmostcomplextaxinquiriesin
SouthAfricatodate.
Weundertakespecialist
forensicinvestigations;
providegovernance,corruption
andregulatorycompliance
advice;andcompleterisk
managementreviews.
Ourserviceextendstoidentifyingspecific
governanceand/orcompliancerisksthat
resultedinprejudiceand/orlosses,andmaking
recommendationstomitigatethese.
Ourspecialistteamcancalluponmorethan
60highlyqualifiedandexperiencedlawyers,
accountants,forensicinvestigatorsandcomputer
forensicspecialists.
Allofourengagementsareledbylawyers,who
areabletocompileteamsofspecialistsasper
therequirementsofspecificassignments.Weare
thereforeabletoimplementrecommendations
flowingfromanygovernance,complianceor
investigativeengagementimmediately.These
includeinitiatinganddefendingcivilproceedings;
initiatingdisciplinaryenquiriesandcriminal
investigations;andtakingremedialstepsto
addresstheriskofcorporatecriminalliability.
Ourclientsenjoytheprotectionoflegal-
professionalprivilege(whileteamsledby
accountantsdonot).Ourreports,clientadvice
andattorney-clientcorrespondencearetherefore
protectedagainstsubpoenaorforceddisclosure
tothirdparties.
Wegenerallyinstructaforensicchartered
accountantwhoplaysanintegralroleinthe
investigationandactsasaspecialistwitness.
Thisapproachhasprovenextremelyeffective.
Ourexpertwitnessisabletopresentthe
evidenceinanunderstandable,clearand
methodicalwaydiminishingtheimportanceof
othernon-expertwitnesseswhoareusuallycalled
onlytocorroboratetestimonyofothers.
Ourreachisparticularlysignificantingovernance,
complianceandinvestigationsmatterswhereour
clientsareincreasinglyaffectedbyanti-corruption
legislationwithextra-territorialapplication
(suchastheUSForeignCorruptPractices
Act,theUKBriberyActandtheSouthAfrican
PreventionandCombatingofCorruptActivities
Act)andbyinternationalconventionswithwide
application(forexample,theOECDConventionon
CombattingBriberyofForeignOfficialsandthe
UnitedNationsConventionagainstCorruption).
Our Governance, Compliance and Investigations Practice
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BOWMANS
FRAUD RISK MANAGEMENT AND ADVISORY SERVICES
• fraudpreventionanddetection;
• fraudriskanalysisandduediligence;
• thirdpartyduediligenceand
corporateintelligence;
• employeeandsuppliervetting;
• development,implementationand
evaluationofethicsandcompliance
programmesandrelatedanti-fraudand
corruptionprogrammesandcontrols;
• counterindustrialintelligence;
• assettracingandrecovery;and
• forensicdataanalytics.
DISPUTE RESOLUTION
Our Specialist Services
Ourmainfocusareasinclude:
INVESTIGATIONS
• forensicinvestigations(extendingtothose
requiredinliquidationsandbusinessrescue)
andforensicinvestigativeassistance;
• criminalinvestigationsand
relatedproceedings;
• financial,economicandtaxinvestigations;
• employmentlawrelatedforensicissues;
• expertwitnessservices;
• publicandprivatesectorprocurementissues;
• assettracing,commercialrecoveriesandother
proceedings;and
• computerforensicservices,electronic
discoveryandcybercrime.
CORPORATE AND REGULATORY COMPLIANCE
• anti-briberyandcorruptioncomplianceand
duediligence;
• FCPAandUKBriberyActcompliance;
• anti-moneylaunderingcompliance;and
• trainingrelatedtoallrelevantfraud,corruption
andcompliancesubjects.
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Governance, Compliance and Investigations
INVESTIGATIONS
Wehaveaproventrackrecordininvestigations
intoseriousandcomplexcommercialand
regulatoryfraudcases.
Ourexperienceenablesustoprovidesound
adviceconcerningthebestcourseofaction
ifwrongdoingisidentified,includingpotential
disclosuretoauthorities.Wearealsoable
toprovidelegalopinionsonourfindings,a
servicethatnon-legalfirmsareprecluded
fromproviding.
Weensurethatinvestigationsareconducted
incompliancewithallrelevantlawsand
regulations,includingprivacyanddata
protectionlaws,andthatallevidencecollected
isadmissibleandrelevantforassertingor
protectingtheclient’srights.
Ourexperienceenablesus
toprovidesoundadvice
concerningthebestcourse
ofactionifwrongdoingis
identified,includingpotential
disclosuretoauthorities.
Allinvestigationsareconducteddiscreetly
andwithakeenappreciationforthe
reputationalriskassociatedwithallegations
ofwhitecollarcrimeorregulatorymisconduct
madeagainstacompanyorpublicorganisation.
Allinformationprovidedtousistreatedinthe
strictestconfidence.
Seamlessservicedeliveryisoneofthebenefits
ofretainingustoconductinternalorexternal
investigations.Ourclientsofteninstructusto
initiatedisciplinaryproceedings,civilrecovery
processesorcriminalinvestigationsdirectlyafter
concludinganinvestigation.Thisoccurswithout
theneedtoreferourforensicreporttoany
otherserviceproviders,whichisarequirement
whenanauditfirmornon-legalserviceprovider
conductsaninvestigation.
EXPERT WITNESS SERVICES
Wehaveextensiveexperienceinprovidingexpert
witnessservicesintheircapacitiesasattorneys,
charteredaccountants,forensicinvestigatorsor
computerforensicexperts.
PUBLIC PROCUREMENT
Publicprocurementremainsahighriskareafor
fraudandcorruption.OurPublicProcurement
teamisabletoassistclientsinallmattersrelating
tothisarea,including:
• publictenders(preferentialprocurement,
tenderregulations,invitations,adjudication,
ethics,submissionandcompetition);
• supplychainmanagement(policydrafting
andcomplianceassurance,andlitigation);
• publicprocurementcomplianceauditsof
tenderprocesses;
• legalopinionsonprocurementaspectsand
irregularities;and
• publicprocurementfraud.
COMMERCIAL RECOVERIES AND OTHER PROCEEDINGS
Werecognisethecommercialandreputational
risksassociatedwithregulatory,corruption
andcorporatecrimeissuesandassistclientsin
mitigatingtheserisks.
Weofferahighdegreeofspecialisation.Our
clientsreceivethehighestlevelofexpertisewhen
consideringthecommercialrecoveryoflosses
sufferedonaccountofcommercialcrime.
Theoptionsavailabletoclientsfortherecovery
oflossesinclude:
• mechanismsprovidedforinlegislation,such
astheCriminalProcedureActandPrevention
ofOrganisedCrimeActinSouthAfrica;
• theinitiationofcourtproceedingsaimedat
freezingassets;
• theinitiationofcivilcourtproceedings;and
• alternativedisputeresolution.
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BOWMANS
Wehavewell-establishedrelationshipswith
lawenforcementagenciesandarealsoable
toassistclientsbyliaisingwithpoliceandlaw
enforcementauthoritiestoensurethatcriminal
prosecutionsproceedwithoutunduedelay.
Weareabletocallonourfullservicein-house
LitigationPracticetoassistwithcomplex
litigationmatters.
FORENSIC IT SOLUTIONS
Ourservicesinclude:
• computerforensicservices,including
imagingofcomputersanddevices;
• datarecovery;
• fraudtrendanddatabaseanalysis
(forensicdataanalytics);and
• electronicdiscovery.
CORPORATEANDREGULATORYCOMPLIANCE
Weregularlyadviseonmattersconcerning
corruptioncompliance,regulatoryoversight
proceduresandprovideassistancetoclientsin
developinginternalcompliancesystems.
ANTI-BRIBERY AND CORRUPTION COMPLIANCE AND DUE DILIGENCE
Globallythereisanincreasingfocuson
corruption,andgreatereffortsarebeingmade
bybusinessestoavoidsuccessorliabilityfor
anti-corruptionviolations.
Anti-corruptionproblemsoftenariseduring
mergers,acquisitionsandjointventuresand
corporatecounselareincreasinglyinsistingthat
anti-corruptionduediligencesbeperformed.
Weconductduediligenceoncorruption-related
risksandcorporatecriminalliability.Wework
closelywithourcorporatelawcolleaguesto
ensureourfirmprovidescomprehensivelegal
adviceoncorporatetransactions.
Wealsoroutinelyconductdetailedinternal
fraudriskanalysesonbehalfofclients.These
arecustomisedaccordingtotheclients’specific
requirements.Theygenerallyencompassareview
ofthe:
• existinginternalcontrolsandestablished
policiesandprocedures;
• monitoringandreportingprocesses;and
• existingcomplianceprogrammes.
FCPA AND UK BRIBERY ACT COMPLIANCE
Thepastdecadehasseenasignificantincrease
inthenumberofprosecutionsandfinancial
penaltiesleviedagainstcorporateentitiesby
internationalprosecutorsandregulators.African
jurisdictionsdonotfarewellintermsofglobal
corruptionstatistics.
Weregularlyprovideduediligenceand
complianceservicestoensureourinternational
clientscomplywiththerequirementsofthe
USForeignCorruptPracticesActandtheUK
BriberyAct.
Wealsoensurethatourclients’global
policiesarealignedtoSouthAfricancorruption
legislationandequivalentlegislationinthe
broaderAfricanmarketplace.
ANTI-MONEY LAUNDERING COMPLIANCE
Wehaveadvisedonanti-moneylaundering,
KnowYourClientandsanctionsprocessesfor
clientsthatarerequiredtocomplywithboth
localandinternationallegislationwhen
conductingfinancialtransactionsorentering
intocontractualarrangements.
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Governance, Compliance and Investigations
TRAINING
Weareequippedtoprovidecustomisedtraining
coursesdesignedaroundtheclientsbusinessand
specificrequirementsandhavedesignedtraining
programmesonfraudprevention.
Wealsoprovidetrainingfocusedonenabling
clientstodealappropriatelywith‘dawnraids’
byregulatoryandlawenforcementauthorities
andcanalsoprovidespecialisttrainingaimed
atbuildingclients’internalforensicinvestigative
capacity.Trainingmaytaketheformoflectures,
seminarsorworkshops.Trainingmaterialis
providedtoensureadetailedunderstandingof
theunderlyingconcepts.
FRAUDRISKMANAGEMENTANDADVISORYSERVICES
Weadviseclientsonbestpracticesingovernance
andinpreventingfraudandcorruptionin
globalbusinesses.Ourcustomisedcompliance
programmesenableclientstoidentify,evaluate
andlimitpotentialcriminalriskstheymayface.
Wedevelopanddraftpoliciesandprocedures,
includingthosedealingwithfraudandcorruption,
businessentertainmentand
gifts,donationsandincentives,andconflicts
ofinterest.
Ourcustomisedcompliance
programmesenableclients
toidentify,evaluateandlimit
potentialcriminalrisksthey
mayface.
DUE DILIGENCE AND CORRUPTION RISK ANALYSIS
Weundertakeduediligenceandassurance
projectsforclientsgloballyandarewell
positionedtocoordinateandobtaincountry-
specificcomplianceandwhitecollarcrimerelated
adviceacrossdifferentjurisdictions.Wedothis
throughourstrongrelationshipswithlawfirms
throughoutAfricaandassociationwithLexMundi.
VETTING AND ASSET TRACING
Wehaveaccesstonumerousstatutoryand
proprietarydatabasesandareabletoundertake
detailedbackgroundandconflictsearchesusing
theinformationavailabletous.Weregularly
undertakebackgroundsearches,employee
vetting,qualificationauditsandassettracingon
behalfofclients.
Whileweareabletoprovideclientswithsimple
vettingreportsthatareefficientandcost
effective,wealsohavethecapacitytoundertake
complexmulti-jurisdictionalbackgroundsearches
andassettracing.
ADVISORY SERVICES
Weprovideclientswithdetailedwrittenlegal
adviceandopiniononallmattersrelatedto
governance,complianceandinvestigations.Issues
thatclientshavesoughtouradviceon,include:
• mandatorydisclosureandreporting
obligations;
• therisksofcorporatecriminalliability;
• corporategovernanceandinternal
controlsissues;
• theimplicationsofcommercialarrangements
enteredintobetweenparties;
• theregulatoryandwhitecollarcrime
implicationsofcommercialterms
inagreements;
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BOWMANS
• thelawfulnessofspecificincentiveschemes;
• breachesoftheForeignCorruptPractices
ActandUKBriberyAct;
• sanctions;
• foreigncorruptpaymentsissues;and
• theregulatoryenforcementenvironmentin
SouthAfricaandotherAfricanjurisdictions.
DISPUTERESOLUTION
Inthistimeofcomplexrelationshipsamong
individuals,companiesandotherorganisations,
itisbecomingincreasinglyimportanttoconsulta
professionaldisputeresolutionlawfirmtoavoid
costlydisagreements.
Wearewell-placedtoofferourclients
outstandingadvicecoupledwithprofessionaland
efficientlegalservice,whetherinacourtroom,
arbitration,tribunalhearing,disputeresolution
forumormediationsetting.
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Governance, Compliance and Investigations
CONTENTS PAGE
Accolades
AFRICAN LEGAL AWARDS 2016
WereceivedtheawardsforBanking,FinanceandRestructuring
TeamoftheYear,EmploymentTeamoftheYearandProperty
TeamoftheYear.
DEALMAKERS AWARDS 2016
WehavebeenidentifiedastheleadinglegaladviserinAfricaby
bothdealvalueandnumberoftransactions.Wewerealsoranked
thirdinSouthAfricaformergersandacquisitionsbydealvalue.
INTERNATIONAL LAW OFFICE CLIENT CHOICE AWARDS
WewontheawardforSouthAfricafor2005,2006,2008,2011
andagainin2015.
WHO’S WHO LEGAL AWARDS 2016
WewerenamedSouthAfricanLawFirmoftheYear.
INDIA BUSINESS LAW JOURNAL 2016
Wewereidentifiedasoneoftheleadinginternationallawfirms
forIndiawork.
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BOWMANS
CONTENTS PAGE
49 RecognisedLawyers30 Recognised
Lawyers57 RecognisedLawyers
BAND 1
KENYA
Banking&Finance
Commercial,Corporate&M&A
RealEstate&Construction
SOUTH AFRICA
Commercial,Corporate&M&A
Competition
Construction
Labour&Employment
Projects&Infrastructure
Shipping&Transport
BAND 2
KENYA
DisputeResolution
Projects&Energy
SOUTH AFRICA
Banking&Finance
DisputeResolution
InvestmentFunds
RealEstate
Tax
TIER 1
KENYA
Corporate&Financial
Mining
SOUTH AFRICA
CapitalMarkets
Competition
Energy
M&A
UGANDA
Energy&Infrastructure
Financial&Corporate
TIER 2
KENYA
Energy
Infrastructure
SOUTH AFRICA
Banking
Infrastructure
Mining
Oil&Gas
ProjectFinance
BAND 1
KENYA
Banking&Finance
Corporate/Commercial
SOUTH AFRICA
CapitalMarkets:Debt
CapitalMarkets:Equity
Competition
Construction
CorporateInvestigations
Corporate/M&A
Employment
Environment
IT/Telecommunications
Projects&Energy
UGANDA
GeneralBusinessLaw
BAND 2
MADAGASCAR
GeneralBusinessLaw
SOUTH AFRICA
Banking&Finance
DisputeResolution
Media&Broadcasting
Tax
THE LEGAL 500 EMEA 2016 RANKED US IN THE FOLLOWING AREAS
CHAMBERS & PARTNERS 2016 RANKED US IN THE FOLLOWING AREAS
IFLR1000 2017 RANKED US IN THE FOLLOWING AREAS
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Governance, Compliance and Investigations
CONTENTS PAGE
ANTHONY NJOGU
Partner
Nairobi,Kenya
T:+254202899000
MATTHEW PURCHASE
Partner
Johannesburg,SouthAfrica
T:+27116699568
DAVID MPANGA
Partner
Kampala,Uganda
T:+256414254540
ERNEST K. WILTSHIRE
Partner
Kampala,Uganda
T: +256414254540
JACQUELINE LULE
OfCounsel
Kampala,Uganda
T: +256414254540
JOE DA SILVA
Partner
Johannesburg,SouthAfrica
T:+27116699487
KAMANI CHRISTINE MICHERA MWETI
Partner
Nairobi,Kenya
T:+254202899000
JOHAN KRUGER
HeadofGovernance,
ComplianceandInvestigations
Johannesburg,SouthAfrica
T:+27116699637
Key Contacts
14
BOWMANS
CONTENTS PAGE
To view profiles of our lawyers,
please visit www.bowmanslaw.com
CAMERON DUNSTAN-SMITH
SeniorAssociate
Johannesburg,SouthAfrica
T:+27116699467
DAVID DE VILLIERS
SeniorAssociate
Johannesburg,SouthAfrica
T:+27116699535
FRANCOIS TRICHARDT
SeniorAssociate
Johannesburg,SouthAfrica
T:+27116699526
15
Governance, Compliance and Investigations
Antananarivo
T: +261202243247
Cape Town
T: +27214807800
Durban
T: +27312650651
Johannesburg
T: +27116699000
Kampala
T: +256414254540
Nairobi
T: +254202899000
Follow us on Twitter:
@Bowmans_Law
www.bowmanslaw.com
CONTENTS PAGE