Thursday, October 13, 2011

Anti-Corruption Practices Survey 2011

Achieving compliance with the Foreign Corrupt Practices Act (FCPA) and similar anti-corruption legislative requirements has become an increasing concern for companies that operate globally. The number of FCPA-related enforcement actions and the size of penalties have increased dramatically over the last several years, affecting companies from all around the world.

The July 1, 2011 start of enforcement of the UK Bribery Act of 2010 is also leading many companies to re-evaluate their anti-corruption efforts, even if they have extensive policies and procedures to comply with legislation such as the FCPA.

The Deloitte Forensic Center conducted a survey to assess how companies are managing their efforts to prevent corrupt practices in their operations around the world and ensure compliance with legislative requirements.

See full Press Release.