FCPA compliance

football

Pro Football and the FCPA Professor

Ah, September: bringer of fall, sweater weather, and football. Compliance practitioners and lovers of football alike can appreciate the parallels between the sport and the nuts and bolts of FCPA compliance. The success of both teams relies heavily, for instance, on a strong understanding of the game plan. Tom Fox outlines a few other shared characteristics... ...

myths and facts

10 FCPA Myths and Misconceptions, Debunked

How well do you know FCPA regulations? You could be laboring under some misconceptions - and you wouldn't be alone. FCPA expert Matteson Ellis has heard myths from the mouths of those new to compliance, but also from execs and seasoned professionals who should know better. Here are some of the biggest FCPA myths circulating out ...

nervous

Rationalizing Bribery: Corruption Has No Witness

When there’s no witness to wrongdoing, it can be so much easier to justify. And there are rarely witnesses when bribes are being made. The situation gets particularly sticky when compensation is a factor; the internal discussion turns from “do I need to report this” to “what would reporting this cost me?”

Kaliva / Shutterstock.com

China’s Aggressive Enforcement of Domestic Corruption Laws

In China, FCPA violations are rampant, and maintaining compliance is no picnic. Despite its relatively moderate ranking on the Corruption Perceptions Index, China is arguably among the worst offenders; between the government’s stronghold on the marketplace and the lack of financial controls, bribery of government officials has been commonplace. Until now. Recently, the country’s president began ...

head in sand

The Unknown Known: The Knowledge Standard for Bribes by Third Parties

Whether or not a company is aware of its third parties’ goings on, it can suffer financial or reputational harm as a result of their actions. While culpability can be more difficult to prove, willful or feigned ignorance of likely red flags in highly corrupt areas won’t save the organization from the consequences of third parties’ unseemly conduct. ...