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FCPA Compliance and Third Parties: Minimizing Liability Risks, Monitoring Foreign Agents and Intermediaries

A live 90-minute CLE video webinar with interactive Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Wednesday, January 15, 2025

1:00pm-2:30pm EST, 10:00am-11:30am PST

or call 1-800-926-7926
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This CLE course will prepare counsel to companies doing business internationally to establish and carry out auditing and monitoring of foreign agents and intermediaries to manage the risks of Foreign Corrupt Practices Act (FCPA) violations due to third-party misconduct.

Description

Many FCPA compliance risks arise out of the activity of third-party sales agents, distributors, and other intermediaries. Roughly three quarters of FCPA enforcement actions involve actions by third parties for which companies are held responsible. To manage these significant risks, companies should conduct ongoing reviews of the activities of such third parties. Periodic auditing and monitoring of compliance by third-party sales agents, distributors, and other third-party business partners remain as critical components of an effective corporate anti-corruption compliance program.

Listen as our authoritative panel examines the different types of risks created by various types of third-party sales agents and other intermediaries, discusses best practices for FCPA monitoring of the activities of third-party agents, and outlines cost-effective strategies for designing audit and compliance review programs when conducting business around the world.

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Outline

  1. FCPA risks created by third-party business partners
    1. Legal framework for third-party liability
    2. Recent enforcement cases involving third-party activity
    3. Unique risks created by different third parties
  2. Planning third-party audit and compliance reviews
    1. Scope of work
    2. Timing considerations
    3. Data collection and analytics
    4. Resource allocation
    5. Communication protocols
    6. Deliverables
  3. Conducting third-party audit and compliance reviews
    1. Interviews and data review
    2. Managing the process
    3. Common challenges
    4. "Red flag" findings
    5. Post-review action items
    6. Remediation options

Benefits

The panel will review these and other key issues:

  • What is the universe of FCPA risks created by different types of third parties?
  • What are the essential steps for effective auditing and monitoring of third parties' FCPA compliance?
  • What cost-effective strategies can businesses utilize to minimize and mitigate FCPA risks posed by third parties?

Faculty

Davis, John
John E. Davis
Member, Practice Lead, FCPA and International Anti-Corruption
Miller & Chevalier

Mr. Davis focuses his practice on international regulatory compliance and enforcement issues. He advises on corruption...  |  Read More

Additional faculty
to be announced.
Attend on January 15

Cannot Attend January 15?

You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. Strafford will process CLE credit for one person on each recording. All formats include course handouts.

To find out which recorded format will provide the best CLE option, select your state:

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