Risky business — Reduce M&A liability with anticorruption due diligence
Abstract: As demonstrated by several high-profile settlements in recent years, the U.S. Department of Justice and the SEC have been aggressively enforcing the Foreign Corrupt Practices Act (FCPA). For any company that’s involved in or contemplating merger and acquisition activities, anticorruption due diligence is critical — particularly if a target does business in high-risk countries. This article discusses red flags to look for and how to deal with violations that are found. A sidebar explains the practices the FCPA covers.