Fielding for Five Rings: Mitigating ABAC Risk in India’s Sports, Media and Entertainment Sectors

In India, the sports, media and entertainment sectors are booming from the cricket pitch to Bollywood. While the convergence of these industries, coupled with the rapid technological development in India, presents a unique challenge for anti-bribery, anti-corruption and anti-money laundering (AML) enforcement, it also introduces an opportunity to develop more robust frameworks to ensure sector integrity. The first article in this two-part guest series by Khushaal Ved, Sophia Kinally, Nicole Lim and Paris Buti of Hogan Lovells focused on explaining the bribery and corruption risks in the sports, media and entertainment industries. In this second article, they highlight some possible measures the Indian government may implement, set out the steps businesses can take to adapt to these changes and offer suggestions on how companies can strengthen their compliance programs to mitigate risk more generally. See “The NFRA Circular and Auditors’ Duty to Report Fraud in India” (Aug. 14, 2024).

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