Increased Enforcement Activity Increases Compliance Concerns
With an uptick in the enforcement of the U.S. Foreign Corrupt Practices Act (FCPA), the UK Bribery Act and a host of other anti-corruption measures around the world, multinational companies must be even more vigilant when vetting the agents they utilize to facilitate sales abroad. With both anti-bribery and accounting components, the FCPA is enforced most zealously to non-US companies. Willful ignorance is not a viable excuse; individuals, corporations and other business entities found violating the FCPA face high fines and even imprisonment.
Identify and Minimize “Red Flags”.
Companies must be able to identify the red flags that are likely to draw the attention of enforcement authorities so that you can create a strong fallback position, rooted in appropriate due diligence, should allegations arise. LEVICK is unique amongst global communications firms, with our deep expertise in Foreign Corrupt Practices Act and Multilateral Development Bank (MDB) anti-corruption matters. Our team members regularly speak around the world on FCPA and MDB topics.
LEVICK has directed the communications on FCPA in the Middle East, Asia, Africa, and North America—and we work closely with the FCPA “legal mafia” of leading lawyers, the anti-corruption NGOs and the key journalists and influential bloggers who cover FCPA matters. When no companies were yet confident in going to trial on FCPA matters, LEVICK developed and spearheaded the effective strategy which changed the global conversation.