Importance Of FCPA Due Diligence In Cross-Border M&A
March 4, 2014, 2:13 PM EST
Law360, New York (March 4, 2014, 2:13 PM EST) -- The increasing focus on enforcement of the U.S. Foreign Corrupt Practices Act, Canadian Corruption of Foreign Public Officials Act and U.K. Bribery Act, as well as similar anti-corruption laws around the globe, has made conducting pre-acquisition anti-corruption due diligence an essential element of any cross-border merger or acquisition, especially if the target does business in a jurisdiction where local officials may expect to be compensated for simply doing their job.
Although some may view their payments to “government officials” (the definition of which is very broad)...
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