“STATE CAPTURE” AND “GUILT BY ASSOCIATION” IN SOUTH AFRICA

Bad Press Coverage and New Reputational Risks: Emerging Obstacles to Achieving Business and Compliance Objectives

July 25, 2019 10:30am

Matthew J. Alexander
Partner
Mayer Brown LLP

Benjamin Haley
Partner
Covington & Burling LLP (South Africa)

  • “State capture” and reputational risk: Guilt by perception and/or association, and what companies can do to protect themselves
  • Proactive steps compliance officers can take to mitigate the impact of bad press
  • How investigations into present and past governments impact multinationals’ business and compliance risks, and comparisons and contrasts with Brazil
  • Will South Africa’s authorities focus their enforcement primarily on local companies or take an extra-territorial approach
  • Complications with SOEs: Corruption risk, influence-peddling, accountability
  • Expectations for South Africa’s new directorate in the Office of the National Director of Public Prosecutions (NDPP)