A Scorecard Approach To 3rd-Party FCPA Due Diligence
October 30, 2013, 12:15 AM EDT
Law360, New York (October 30, 2013, 12:15 AM EDT) -- Companies operating internationally often engage numerous — sometimes even thousands — of third parties around the world to help facilitate their business. Alongside the growth of such relationships, the risks posed by them have taken on new significance with the rising tide of anti-corruption and anti-bribery enforcement actions throughout the world.
As a direct consequence, the importance of third-party due diligence cannot be understated. Indeed, the level and thoroughness of third-party due diligence that a corporation undertakes is a factor that the U.S. Department of Justice...