Have police officers turned up at your head office wanting to scan your hard drives? Don't worry - there's an app for that.
Australian law firm Clayton Utz has developed a smartphone app for companies facing dawn raids on their offices from police, antitrust and securities regulators, and tax officers. Since its launch on Wednesday more than a hundred businesses have downloaded the app, according to partner Michael Corrigan.
The software is the latest move in a cat-and-mouse game between companies and regulators worldwide as law enforcement takes advantage of technology to improve its access to internal data in investigations. The UK's Serious Fraud Office tripled the number of raids it conducted in the year to March 2014, according to London-based law firm Pinsent Masons LLP, and Chinese regulators have in the past month raided the offices of Microsoft Corp and Daimler AG's Mercedes-Benz unit as part of antitrust investigations.
Australian law firm Clayton Utz has developed a smartphone app for companies facing dawn raids on their offices from police, antitrust and securities regulators, and tax officers. Since its launch on Wednesday more than a hundred businesses have downloaded the app, according to partner Michael Corrigan.
The software is the latest move in a cat-and-mouse game between companies and regulators worldwide as law enforcement takes advantage of technology to improve its access to internal data in investigations. The UK's Serious Fraud Office tripled the number of raids it conducted in the year to March 2014, according to London-based law firm Pinsent Masons LLP, and Chinese regulators have in the past month raided the offices of Microsoft Corp and Daimler AG's Mercedes-Benz unit as part of antitrust investigations.
