By Thomas Fox, FCPA Compliance Attorney and Consultant
U.S. companies have long utilized foreign business partner relationships to leverage their global reach and assist in the growth and development of overseas business relationships. When a U.S. company enters into this type of business relationship, it enables the company to expand their commercial reach in a cost effective manner. One key component of this foreign business relationship is that the U.S. company must manage compliance by the foreign business partner under the Foreign Corrupt Practices Act (FCPA).