In industries that have had significant Foreign Corrupt Practices Act enforcement or investigations over the years, companies have tended to develop more robust compliance solutions as a response.
Obviously the energy industry has seen such an enforcement sweep beginning as far back as 2007. Yet another move by the energy industry has been a business response to the legal issues around FCPA compliance. Simply put, if you want to do business in the energy industry—from as high up the chain to major exploration and production companies down the chain to a $15 million software product startup—your company has to have a FCPA compliance program in place. It is this business solution is what has driven more compliance in the energy industry.
