Washington, DC - PricewaterhouseCoopers LLP (PwC) has announced a Joint Business Relationship (JBR) with FFLGuard LLC, an innovative regulatory compliance and risk management consulting company that focuses its efforts completely on the firearms and explosives industry. Among its various services, FFLGuard offers a legal and regulatory compliance program that safeguards the viability of their clients' federally regulated licenses by encouraging the implementation of proactive compliance measures, and through full-time access to firearms lawyers, subject matter experts and professionals.
The collaboration between PwC and FFLGuard provides unprecedented insight, knowledge, experience, and manpower to address the laws, rules, regulations and policies that govern firearms and explosives. FFLGuard brings specialists with over 250 years of experience from the Bureau of Alcohol, Tobacco and Firearms (ATF), as well as lawyers who concentrate only in this field, to assess and remediate the compliance landscape of work that, if allowed to go unchecked, can have a significant impact on the financial and brand value of a company. The JBR presents a significant value to existing PwC clients who hold federal firearms and explosives licenses, while affording FFLGuard clients with access to the incredible compliance, auditing, business consulting, corporate governance and risk assurance acumen honed by PwC over its storied history.
The PwC team is headed by Glenn Ware, a Principal in PwC's Anti-Corruption and Corporate Intelligence Practice Group. Ware noted that the JBR with FFLGuard enables PwC to now identify and mitigate federal firearms and explosives compliance issues that may exist within large manufacturing, wholesaling, box chain, private security firms, armored car services, defense contractors and similar corporations regulated by the ATF.
"We are excited and pleased that PwC - the bona fide leader in professional services - has recognized and chosen FFLGuard - the gold-standard in firearms and explosives compliance legal and professional services - to collaborate with when working for companies that possess federal firearms and explosive licenses, and that want to ensure their business practices are beyond reproach" states Christopher Chiafullo, National Coordinating Counsel for the FFLGuard program and founder of FFLGuard LLC.
Suzanne Rich Folsom, Executive Vice President/General Counsel/Chief Compliance Officer for ACADEMI LLC, observed first-hand how the PwC/FFLGuard teaming could achieve success for her premier private security firm. "When we were faced with the legacy firearms compliance issues of our predecessor company, the team spearheaded by Glenn [Ware] and Chris [Chiafullo] to handle our dealings with ATF were second to none." Folsom notes that "without the firepower this [PwC/FFLGuard] relationship brought to the table, our road to accomplishment would have been much longer and more difficult to navigate.... Their joint effort was spot-on."
"In the current political environment, greater scrutiny is placed on those who work in the firearms and explosives arena," Chiafullo indicates. "FFLGuard's approachof working proactively with industry members and its regulators to ensure that our clients don't just meet the minimum standard of compliance, but significantly exceed it to a heightened 'FFLGuard standard' of compliance, provides value in the market place that does not exist anywhere else.... Couple this with PwC's reach, reputation, and knowhow, and there is absolutely not one single federally licensed firearms or explosives company in the country that won't benefit from what this JBR delivers."
For more information on the FFLGuard program, visit www.FFLGuard.com or call 1-888-FFL-GRD1 (1-888-335-4731), follow them on Twitter @FFLGuard, "like" them at www.facebook.com/fflguard, or review their on-line videos at www.FFLGuard.tv.
