Attendees at the Compliance Week 2010 conference last week got a refresher course in the compliance challenges and litigation risks stemming from bribery and corruption—and given the fast-changing regulatory landscape around corruption, Corporate America needs the extra help.
“We’re in a world where you’re not just dealing with the Securities and Exchange Commission and the Justice Department,” Andrew Baker, a senior partner in the law firm Baker Botts, said during one panel discussion on corruption issues. “Other countries are looking into the same activities. If you thought about dealing with one agency as Tic Tac Toe, suddenly, this is chess.”
