In a commentary for FCPA Blog, Joseph Spinelli, a Senior Managing Director at Ankura, and Jared Pilosio, a Senior Associate at the firm, offer suggestions to construction firms for staying on the right side of the FCPA. “The biggest risks global construction companies must address are those associated with dealing with government contracts,” they write. “In certain regions, bribery is almost a normal part of doing business and companies may have to partner with local firms that often have close relationships with government agents. These factors in particular increase the risk for construction companies of violating the FCPA.”
Regulations, Compliance, & Enforcement
Trending Now
One Part Legal, One Part Behavioral: A Winning Recipe for a More Thoughtful Compliance Program • DOJ Has Agreed Not to Oppose Entry of Judgment On Three Specific Biden-Era Davis-Bacon Act Rules Involving Materialmen, Truckers, and the Application of the Christian Doctrine. • A Decade Later, Escobar Is Still Shaping FCA Cases • Senate Panel Advances NDAA Measure Restricting Defense Contractor Stock Buybacks • AI Is Taking Background Checks from ‘Months to Hours,’ Clearance Agency Says
Construction Industry Vulnerable to FCPA Violations
Track False Claims Act cases, audit trends, and compliance best practices with our Compliance & Enforcement newsletter, delivering up-to-the-minute intelligence Monday–Saturday — Subscribe here.