How to Recognize and Address FCPA Challenges in India

With over 1.2 billion people, and a well-educated and low-cost work force, India is an appealing market for international businesses.  However, corruption is endemic in India and presents serious FCPA compliance challenges for companies that operate there.  A recent webcast highlighted many of those challenges, provided insights on how to identify and monitor the risks associated with doing business in India (and elsewhere) and drew lessons from FCPA enforcement actions that involved conduct in India.  The panelists were Jay Holtmeier, a partner at law firm WilmerHale; Elizabeth D. Keating, Global Compliance Counsel for Investigations at Johnson Controls; and Michael Stavridis, a partner at accounting firm Ernst & Young.  For insight on anti-corruption compliance in the other BRIC countries, see “A Seven-Step Process for Mitigating Corruption Risk When Engaging Third-Party Consultants in Brazil” (Sep. 5, 2012); “Alan Kartashkin and Dmitri Nikiforov of Debevoise & Plimpton LLP Discuss the Ins and Outs of Russian Bribery Law” (Nov. 14, 2012); “A Guide to Anti-Bribery Issue Spotting in China: Enforcement Trends, Third-Party Risks, Gift Giving, Travel Expenses, Foreign Officials and Due Diligence” (Apr. 3, 2013).

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