faculty of law, university of latvia
For most businesses or organizations engaged in cross-border activities, it is essential to adopt an anti-corruption compliance program.
An anti-corruption compliance program is a "documented, corporate plan designed to reduce the likelihood that the company will engage in violations of the anti-bribery provisions of [anti-corruption laws], and to detect such violations and bring them to the attention of senior management, if they occur." Daniel L. Goelzer, Designing an FCPA Compliance Program:
Minimizing the Risks of Improper Foreign Payments, 18 Nw. J. Int'l L. & Bus. 282 (1997-1998).
Examples of FCPA and Bribery Act risk scenario highlights in Asia | Conventus Law 2015