In this article, the sixth in a continuing series, Homer Moyer addresses how board directors can help the companies they serve by becoming "FCPA-savvy" directors. Moyer identifies a number of ways that directors can add value, including by understanding their company's FCPA risk profile, knowing what the highest FCPA risk factors are, being alert to "false positives," understanding that prosecution theories and interpretations that courts would affirm can create two "realities," and staying ahead of the curve in learning of and addressing potential FCPA issues. "The bottom line is that although board members do not need to be FCPA experts, they can be highly valuable to their companies if they make certain that as directors, they are FCPA-savvy," Moyer said. This is the sixth and final article written by Moyer in an FCPA-related series addressing best practices for corporate board members.
Click below to access each of the articles in this series.
Board Members, Meet the New FCPA
The Global Transformation in Laws Against Foreign Bribery
Board Oversight of FCPA Compliance
To Disclose or Not To Disclose--A Recurring FCPA Question
Costs of FCPA Investigations -- A Board Issue?