The new Foreign Extortion Prevention Act adds a layer of complexity and necessitates a proactive approach to compliance and risk management for companies operating internationally. FEPA makes the solicitation (or “demand side”) of bribes a criminal offense and carries substantial implications for multinationals. This panel will examine:
- How has the international landscape been altered and has there been an increase in prosecutions since the enactment of FEPA?
- How FEPA’s enactment could prompt changes to the DOJ’s reporting requirements and enforcement priorities
- Reassessing your disclosure analysis and anti-corruption risk assessments, policies, and procedures in light of the new law
- Understanding how FEPA can help a company guard against demands for bribes from foreign officials
- Ensuring that employees are sufficiently trained on FEPA’s expanded definition of what constitutes a “foreign official”
- Examining how the new statute could potentially be used to prosecute companies for conspiracy or aiding and abetting bribery
- Preparing for information requests on individual government officials during FEPA investigation
Address
The Westin Houston Medical Center
Museum District
Houston, TX
United States
