FCPA Risks For Franchisors

Law360, New York (November 7, 2013, 4:00 PM EST) -- The Foreign Corrupt Practices Act constitutes the single most significant compliance challenge for companies operating internationally. Over the last several years, FCPA enforcement activity has skyrocketed, with U.S. authorities seeking ever steeper penalties (often totaling tens or even hundreds of millions of dollars) and aggressively pursuing not just companies but individuals.

The $1.6 billion in penalties levied on Siemens by U.S. and German authorities tops the charts, but several other settlements have broken nine figures, including BAES ($400 million), Snamprogetti/ENI ($365 million), JGC ($218 million), and...
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