FCPA Compliance - an Investigator's Perspective

Tuesday, 9 December
Breakout 2

The purpose of the presentation is to provide attendees with a basic understanding of the FCPA and explain why it remains a hot topic in compliance. I will summarize the provisions of the FCPA and highlight the differences between the FCPA and UK Bribery Act. I will also cover recent enforcement actions, typical compliance issues found in multinational companies as well as common bribery-related fraud schemes, red flags and preventative measures companies can take to reduce their exposure to FCPA risk. I will also intertwine personal experiences through the discussion.

Presented by: Joseph Picarello, CPP, Senior Manager Compliance Audit, Pentair Compliance Audit, Singapore

Mr. Picarello is a Certified Protection Professional and Certified Fraud Examiner with over 15 years of experience directing investigations and proactive strategies aimed at preventing employee misconduct and criminal acts that affect company revenues, intellectual property, and other assets. Mr. Picarello began his career in Lucent Technologies' Corporate Security department. After 10 years with the company, he was hired by Tyco International to lead the Americas Forensic Audit team based in Princeton, New Jersey. Mr. Picarello spent 6 years in Tyco’s Corporate Audit organization, and remained in the position through a spin-off and merger with Pentair, Inc. in 2012. Reporting to the Chief Compliance Officer, Mr. Picarello served as the Americas leader for Pentair's Compliance Audit group, and relocated to Singapore in May 2014 to support the Asia Pacific region.