Globalization has created concern among executives over compliance with the Foreign Corrupt Practices Act (FCPA). In fact, nearly half the respondents to a recent Deloitte Financial Advisory Services (FAS) LLP survey in Silicon Valley said they believe that Silicon Valley companies are at a higher risk of FCPA violations than other companies. Readers of the December 5, 2007, issue of The Recorder gained insight on this important topic from Joe Zier, a partner in the Forensic & Dispute practice of Deloitte Financial Advisory Services LLP, in his article “Cutting Costs with FCPA Compliance – Does Your Company Have an Adequate Risk Management Plan in Place?”

Joe articulates risks and mitigation techniques and stresses the importance of understanding what both the Securities and Exchange Commission and the Department of Justice expect, including compliance programs based on those expectations.

Learn more in the attached article, posted with permission from The Recorder.