Want any greater evidence of not only the effectiveness of compliance but its now mandatory nature as a business process going forward?… Continue Reading
At a conference recently, Sandra Moser, the acting Chief of the Fraud Section of the Department of Justice (DOJ) announced that the prosecutors from the agencies’ Foreign Corrupt Practices Act (FCPA) Unit would be collaborating with the Corporate Strike Force of DOJ’s Health Care Fraud Unit to investigate healthcare corruption here in the United States and abroad.… Continue Reading
Anti-bribery and corruption due diligence should be conducted on cross-border transactions. The prospect of successor liability alone makes performing such due diligence a requirement for corporate acquirers answering to boards and shareholders, and private equity funds answering to investors.… Continue Reading
Risk Alert – Are asset sales or purchases part of your anti-corruption due diligence and assessments?
When planning your next anti-corruption risk assessment or audit, one area that may deserve closer attention is asset sales and purchases.… Continue Reading
When a company merges with or acquires another company, the successor company risks assuming the predecessor company’s liabilities, including any FCPA violations that occurred prior to the merger.… Continue Reading
Among the findings — 40 percent of all compliance officers surveyed believe their company’s bribery and corruption risks will increase in 2016.… Continue Reading
AlixPartners recently conducted its annual anticorruption survey which looked at the impact corruption has on corporate and economic growth. In particular, we explored the ways companies are identifying corruption risk and the steps they’re taking to deal with the risks.… Continue Reading