Marc Alain Bohn Quoted in Agenda Week Regarding Director Obligations Under FCPA

"SEC, Justice Get New FCPA Power Over Directors"
Agenda Week
04.08.10Marc Alain Bohn discusses the increasing focus by the SEC and Department of Justice on the responsibilities of corporate directors to ensure FCPA compliance in their companies. "Boards should expect to have a greater role in compliance," says Bohn. "Companies that fail to revise policies to adopt best practices will face greater liability. The SEC and the Justice Department will regard it as an aggravating factor." Bohn adds that compliance programs are not a one-time effort. "Directors need to constantly monitor and test these programs. Compliance is not static," he says.
Related Files
Related Links