Offset Deals Can Pose High FCPA Risks For Defense Industry

Law360, New York (October 22, 2014, 10:35 AM EDT) -- The purpose of this article is to highlight the potentially high Foreign Corrupt Practices Act compliance risks posed by offset transactions for a number of companies in the defense industry and to discuss how to mitigate these risks through an effective anti-corruption law compliance program. My perspective on this comes from working as an in-house and outside counsel for a number of companies in the U.S. aerospace and defense industry for almost three decades and conducting FCPA due diligence on numerous proposed offset brokers and offset projects....

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