Foreign Corrupt Practices Act (FCPA) & Antibribery
Compliance Programs
Of course, the best course of action is for a company to ensure that it has an up-to-date, robust, risk-based antibribery/anticorruption program in place—not merely putting together a “paper compliance program” to “check the box.” The Firm has worked with a variety of companies—from a publicly-traded franchisor with a global footprint to family-owned manufacturing companies in the targeted extractive industries sector to medical devices manufacturers and distributors and healthcare software suppliers—to assess antibribery risk, assist in building adequate compliance programs, and train employees and strategic alliance partners.
Sensitive Questions
Additionally, we advise on sensitive questions relating to the FCPA and other antibribery regimes on issues of gifts and hospitality, travel, and charitable contributions, and identify and address bribery and corruption risks related to business relationships and transactions.
Due Diligence and Risk Assessments
The Firm’s clients frequently request that we perform due diligence and assess risk profiles of target companies, international commercial agents, resellers, distributors, and other prospective counterparties located around the world, including analyzing responses to questionnaires and due diligence reports from third-party providers. We often perform these services in connection with our international trade and national security risk assessments.
Mitigating Risk in Agreements
When preparing, reviewing, and negotiating international commercial agreements and terms and conditions of sale or purchase, we are ever mindful of the need to ensure FCPA/antibribery risk is mitigated.
For assistance with FCPA and antibribery matters, please contact us at [email protected]
News & Insights
Stay Informed
EU “Best Efforts” Obligations Under Russia Sanctions Regulations
On 22 November 2024, the European Union issued an FAQ providing detailed guidance on the “best efforts” obligations for EU entities. These obligations require EU entities to ensure that activities undertaken by their non-EU subsidiaries do not undermine EU sanctions on Russia.
DHS Updates the Uyghur Forced Labor Prevention Act (“UFLPA”) Entity List to Add Metals and Food Producers
The DHS has added 29 entities to the UFLPA Entity List for forced labor links in China’s Xinjiang region, including key players in the metals and food sectors.
EU Regulation Alert: Carbon Border Adjustment Mechanism (CBAM) Comes into Effect
The EU’s Carbon Border Adjustment Mechanism (CBAM) now mandates reporting for imports of high-emission goods like steel and cement, with financial obligations starting in 2026 to align with EU carbon standards.
Export Compliance Roadshow presented by the USCS sponsored by Yormick Law LLC
Yormick Law LLC is a Platinum Sponsor of the Export Compliance Roadshow in Cleveland, September 17-18, featuring expert speakers and practical compliance tips.
Welcoming Pavit Arora: Our Newest Associate Joins the Team
Yormick Law is pleased to introduce our newest Associate, Pavit Arora. Pavit resides in Fort Lauderdale, Florida, where the firm is launching an office. Pavit
Russia-Belarus Export Controls/Sanctions Update
The new rule adds 94 new tariff codes to the list of items subject to the Russian and Belarusian Industry Sector…
