Anti-Corruption Compliance Message Received? Risk Assessment Is Your Next Step

more+
less-

Recent enforcement activities in Canada under its Corruption of Foreign Public Officials Act (CFPOA), including the conviction of Niko Resources Ltd. (Niko) in June of last year and ongoing high-profile Royal Canadian Mounted Police (RCMP) investigations of other Canadian companies, has caught the attention of boards and executives across the country. Additional prosecutions or settlements are expected in the near future, as it is understood that the RCMP has over 30 foreign corruption investigations ongoing at this time.

This note highlights the importance of conducting a thorough risk assessment before designing and implementing compliance processes and procedures.

LOADING PDF: If there are any problems, click here to download the file.

Published In: Antitrust & Trade Regulation Updates, Criminal Law Updates, Energy & Utilities Updates, International Trade Updates, Government Contracting Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© John Boscariol, McCarthy Tetrault LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »