FCPA Compliance Services

For companies with overseas operations and foreign interests, the importance of FCPA compliance cannot be overstated. Enforced by the U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC), the FCPA applies to a broad range of corporate and commercial transactions, and companies’ compliance obligations extend to their accounting and disclosure practices as well. While many company owners and executives assume that the FCPA is not a concern due to their efforts to avoid any transactions that might appear “corrupt,” the statute’s broad applicability means that companies can face exposure under a wide variety of different scenarios commonly falling under FCPA compliance in general, and which may result in requiring FCPA lawyers.

As originally enacted, the FCPA applies to transactions between U.S. companies and foreign government officials. However, amendments to the statute have significantly expanded its scope to foreign entities engaging in “corrupt” transactions within U.S. borders.

Communications should be drafted and disseminated in order to demonstrate this top-down approach, and companies should take additional measures to develop and promote a culture of compliance. Developing a culture of compliance (and demonstrating compliance to the DOJ and SEC) also requires organization-wide FCPA compliance training. Training programs should be custom-tailored to your company’s specific business operations and individual employees’ roles in ensuring compliance in foreign transactions.

For more information click here https://federal-lawyer.com/fcpa/compliance/