Anti-Corruption Compliance Best Practices for Boards of Directors

The board of directors is now viewed by regulators, shareholders and other stakeholders as a central bulwark in a company’s anti-corruption infrastructure – the result of a dramatic increase in FCPA enforcement actions, issuance of the joint SEC/DOJ FCPA Resource Guide and related factors.  Boards and their committees are taking a more vigorous and proactive approach to FCPA compliance and monitoring, but few board members have deep experience in the area, and fewer still are conversant with relevant best practices.  A recent Practising Law Institute panel offered insights that can help board members identify issues, ask the right questions and accurately measure corruption risk.  The panel was moderated by F. Joseph Warin of Gibson, Dunn & Crutcher LLP, and approached the issues of a board’s role in anti-corruption compliance from three perspectives: that of a seasoned board member (Nina Henderson), a prosecutor (Jason Jones of the DOJ) and outside counsel (Martin J. Weinstein of Willkie Farr & Gallagher LLP).

To read the full article

Continue reading your article with an ACR subscription.