FCPA enforcement on the rise: CFOs watch out!
US regulators are on the FCPA prowl after enforcements surged in 2016. Increasingly, the emphasis is on punishing individuals over corporates.
Enforcing the long arm of the Foreign Corrupt Practices Act is back on top of the regulatory agenda, if the last 12 months are anything to go by. More importantly, US regulators have started aggressively focusing their actions on individuals – rather than companies – deemed to have broken the extra-territorial US law aimed at preventing bribery overseas.
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