10 FCPA Myths and Misconceptions, Debunked

Corporate Compliance Insights
In this article, Matteson Ellis provides an overview of 10 of the most pervasive FCPA myths related to compliance and enforcement. FCPA misconceptions are dangerous and compliance officers need to pay attention to them, Ellis said. "These myths sometimes reflect a mere lack of knowledge about the FCPA. Other times they flow from a more 'active' misunderstanding of the law -- when employees hear what they want to hear and misconstrue rules in the most convenient way possible." Ellis debunks several FCPA myths, including those related to the perceived safety of large-scale, third-party intermediaries, the need not to perform due diligence on lawyers, and misconceptions about facilitating payments and extorted funds.
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