A blog post on FCPA Professor suggests that Foreign Corrupt Practices Act enforcement actions based on foreign charitable donations deter corporations from contributing to humanitarian causes. In many cases, firms decide they cannot take the chance an organization poses a compliance risk, and find the cost of due diligence is not worth the benefit derived from the charitable contribution.
Regulations, Compliance, & Enforcement
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Proposed Updates to DFARS Regarding Foreign Ownership, Control, or Influence • Slotting vs. Conformance – The Door Into Summer • OMB Plans to Make IT Contract Data Collection Public • Semiconductor Manufacturing Equipment: BIS’s Shift to More Aggressive Enforcement • Navigating Self-Reporting Under the DOJ’s New Corporate Enforcement Policy
The Charitable Donation That Did Not Occur
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