ACEC News / Education
December 4, 2019
Doing Business Outside the U.S.? You Need to Participate in this December 10 Online Class
If your firm operates outside the United States, make sure you know the risks of corruption. Government officials may demand bribes to award contracts, issue permits, approve milestones, and even process your invoices. Local business partners—consultants, joint venture partners, subcontractors—might pay bribes on your behalf. You don’t get a pass because “this is how business is done.”
U.S. government scrutiny on U.S. businesses doing work overseas is at an all-time high, and the Foreign Corrupt Practices Act (FCPA) is their most potent tool to investigate your business. So far this year, the U.S. government has imposed almost $2 billion in fines and penalties against companies that failed to understand their FCPA risks. Don’t be one of them.
In the December 10 online class What Every Engineering Firm Should Know About the FCPA, William Steinman and Brooke Rodgers will do a deep-dive into the FCPA, focusing on new compliance demands imposed by the government and best practices for avoiding FCPA mishaps.
Click here for more information and to register.
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