Martin T. Biegelman and Daniel R. Biegelman
Foreign Corrupt Practices Act Compliance Guidebook
explains how the Foreign Corrupt Practices Act (FCPA) has grown to critical importance to any U.S. company that does business in a global environment. Starting with a comprehensive overview of the genesis of the Act, along with highly readable summaries of the history-making Siemens corruption case and other recent enforcement initiatives, this book transitions smoothly to a uniquely succinct "how to" source of specific steps for corporate management to follow for staying out of the crosshairs of the increasingly aggressive enforcement efforts of the FBI and the Securities and Exchange Commission.
The book draws on the extensive investigative, compliance, and integrity policy experience of Martin and Daniel Biegelman, respectively the head of Microsoft's Financial Integrity Unit and an attorney at the top law firm of Baker & Hostetler. Their collaboration offers managers of all organizations seeking to expand overseas with all of the information and current compliance guidance they need to do so—without risking the potentially devastating financial and reputational penalties of violating this often underestimated federal prohibition against paying bribes to foreign government officials in order to secure business contracts.
In addition, reading this book provides the reader with more than the "whole story" on managing effective FCPA policy; it also offers a blueprint for building and maintaining enterprise-wide standards of integrity, ethics, and fair dealing that more and more organizations seem all too willing to compromise.