Description

• Bribes and kickbacks to government officials.
• What constitutes a bribe or kickback.
• How bribery and other unfair practices also inflate the cost of doing business thus affecting the economy overall.
• How the law effects either businesses or individuals.
• How it's illegal to assist another person who breaks the law.
• How the act makes it illegal to promise bribes or kickbacks even if they are never actually given.
• How bribes that do not result in an unfair advantage are still illegal.
• How intent is the most important aspect of the law.
• How the law covers consultants, advisors or university employees who provide services for the government.
• How many businesses in foreign countries are actually run by the government.
• How compliance is required whether conducting business on U.S. soil or abroad.
• How the law applies to any company representative including its owners, directors, board members and agents.
• How foreign companies or individuals who engage in bribery schemes within the United States may be prosecuted.
• The facilitating payments exemption.
• The danger of third-party agents.
• How foreign attorneys are the most dangerous third-party agents.
• The importance of clear, concise communication.
• Accurate and honest recordkeeping.
• Internationally recognized and accepted accounting procedures otherwise known as GAAP.
• The consequences of violating the law.
• The role of the Department of Justice and the SEC in enforcement
• The role of investigative journalists
• How the majority of violations are uncovered by professional consultants such as accountants or lawyers during corporate reviews.
• The importance of self reporting if violations are found internally.
• How other violations such as money laundering or wire and mail fraud are often found in FCPA investigations.
• How 50% of FCPA cases open today are against individual business persons or agents.
• How the U.S. Government rarely loses FCPA cases.