Handling a dawn raid
Dawn raids are an increasingly common feature of the regulatory landscape and several bodies have the power to carry out such raids. Stewart Hey and Lynne Gregory of Charles Russell in the UK set out a checklist for how a company should respond if the investigators descend
Dawn raid is a colloquial term for unannounced decisions by the relevant regulator to search for and seize documents and to ask questions of individuals. Although they do not generally take place at dawn they will be carried out at the start of the business day, if not earlier. The aim is to catch the business unawares so it has no time to plan a strategy or, most importantly, to withhold or destroy key documents.
In the UK, both the European Commission and the Office of Fair Trading can carry
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