Drawing upon ‘extensive experience in cross-border investigations, compliance, and enforcement’, Steptoe LLP's Hong Kong office has, since it was opened at the beginning of 2020, gained a significant market share, providing ’practical and commercially sensible advice’ to Chinese companies on regulatory compliance and white-collar defence of international laws, US sanctions, and export controls. Team head Wendy Wysong is ‘among the world’s leading compliance experts particularly when dealing with complex situations’, and she is supported by Ali Burney, who has ’a wealth of experience in front of law enforcement agencies and regulators’. The arrival from A&O Shearman of Cáitrín McKiernan in May 2023, who splits her time between the Hong Kong and New York offices, bolsters the team's abilities to advise multinational companies on compliance matters with the FCPA and related laws.
Testimonials
Collated independently by Legal 500 research team.
- 'The team provides practical and commercially sensible advice, because they are extremely well-versed with the sanctions laws and the likelihood of enforceability, and are acutely familiar with the challenging business environments that companies have to deal with in the Southeast Asia and North Asia regions.'
- 'They have extensive experience in cross-border investigations, compliance, and enforcement.'
Work highlights
- Assisted a client with the implementation of a comprehensive compliance programme, including anti-bribery and anti-corruption, AML, and sanctions matters.
- Advised a multinational development bank on best practices for transactional due diligence and ad-hoc advice on the application of US and other international sanctions.