How can a company doing business outside the United States deal with issues related to the Foreign Corrupt Practices Act?
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Answer:
It is crucial for U.S. companies doing business overseas to have an FCPA compliance program. The program will differ based on the size and type of company as well as the countries in which it operates. The program should include such elements as an FCPA/anti-corruption policy, training, due diligence and oversight of third parties. Once such a program is in place, management and employees will understand what type of conduct is not allowed. Specific issues will come up about questionable conduct, but the compliance program will provide the framework with which to address these concerns.
Melissa Mandell Paul at Quora Visit the source
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