Allan Kaufman, managing director at FTI
Consulting, discusses a number of issues surrounding foreign corrupt practices
law during a seminar held on Sept. 23, 2010. Topics include which countries are
better at enforcing bribery laws, what the U.N. has done to combat bribery of
foreign governments, who...
There was Congressional testimony last fall to consider
possible modifications to the Foreign Corrupt Practices Act. In part the
testimony focused on the issue of FCPA compliance procedures as a defense for a
business organization. Under current practice those procedures are not a
defense but mitigation...
Although much is still unclear about the implementation
date, or the manner in which the UK Bribery Act will be enforced, it is clear
that one of the important compliance functions which a company should implement
is appropriate internal controls. The previously released Consultative Guidance
"We are not the 'serious champagne office,' " said David Green , chief of the UK's Serious Fraud Office
(SFO). But Green says he is working to focus his agency on bigger cases of
bribery and corruption. Green's commitment , and the sweeping nature of the UK
Bribery Act (UKBA...