Given the dramatic upsurge in antibribery prosecutions worldwide, are multinational corporations doing enough to comply with the latest dictates on ethics and antibribery? That’s a question that bedevils CEOs and board members across the globe.
“There’s a good reason that C-suite executives are focusing more than ever on international bribery risks within their organizations,” observes George “Ren” McEachern, a former Acting Chief of the FBI’s International Corruption Unit who now helps multinational corporations address regulatory risk as a Managing Director at Exiger.
“It’s no longer just the U.S. Department of Justice and the FBI’s International Corruption Unit that under the Foreign Corruption Practices Act (FCPA) have ramped up their anticorruption investigations. In the last few years, the international enforcement landscape has profoundly changed, too,” McEachern points out.
“Through global exposure of the