Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

Get updates on Compliance Week offerings, including new features, databases, research, and other resources, along with announcements of upcoming Webcasts, conferences, seminars, CPE/CLE opportunities and more.

Published every Thursday, Compliance Week Europe offers a condensed summary of risk, audit, and compliance news either originating in Europe, or of special interest to European compliance professionals. This newsletter will follow developments by the European Commission, as well as those of national governments across the region, or any U.S.-based news that might have consequence across the Atlantic. Frequency: weekly; Thursday a.m.

A fresh edition of Compliance Week delivered via e-mail and online every Tuesday morning, relentlessly focused on the disclosure, reporting and compliance requirements of our 25,000+ paying subscribers.

Published every Friday, Compliance Weekend was launched at the behest of subscribers, and offers a quick Plain English review of the week's key developments. We hope you enjoy this supplement to Compliance Week's Tuesday edition.


Status message

Start your free, no obligation 10-day trial to continue exploring with full access.

More Advice, and Enforcement, on FCPA

Melissa Klein Aguilar | June 10, 2008

If an African village chief demands a chicken for permission to conduct some local business transaction, is that considered a facilitating payment under the Foreign Corrupt Practices Act?

The question may sound like a bit of FCPA-related humor—and OK, it really is pretty funny—but it also is a genuine example of the compliance questions global companies are facing these days when trying to stamp out bribery. It was one of many FCPA questions compliance executives struggled to answer last week at the Compliance Week 2008 annual conference.

(And for the record: Yes, the chicken would be a facilitating payment under the FCPA, since the chief is a quasi-government official seeking something of value to take action to help the business.)

Anyone following enforcement trends knows that the Department of Justice and the Securities and Exchange Commission have significantly increased their enforcement efforts related to the... To get the full story, subscribe now.