09.09.2010
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09.09.2010
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Articles
In this article, T. Markus Funk concludes that the historic Dodd-Frank Wall Street Reform and Consumer Protection Act’s potentially huge financial rewards for Foreign Corrupt Practices Act (“FCPA”) whistleblowers, combined with enhanced protections against retaliation, provide a major boost to the U.S. Government’s already ramped-up anti-corruption efforts. The emergence of this fortified program, coupled with the Government’s increasingly intensified efforts to aggressively prosecute FCPA violators, heralds an era of substantially increased FCPA prosecutions. These developments serve to further highlight the vital role that robust and updated FCPA and anti-corruption compliance programs, including investigations work plans which seek to anticipate potential problem areas by being tailored to match individual business models, must play for companies with operations outside the U.S.
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