FCPA and Bribery Act Best Practices- Written Compliance Policies and Procedures


One of the areas which is universally listed as a component of a best practices compliance policy under the Foreign Corrupt Practices Act (FCPA), UK Bribery Act and OECD Good Practices is that of a written compliance code. However this is not an area that most compliance practitioners spend much time thinking about in the implementation, assessment or updating of their company’s compliance program. This article will discuss some suggestions to aid your efforts to create effective written compliance policies and procedures.

The following language for each of the above laws or policies sets out what is expected in the area of a written compliance policy and procedures:

US Sentencing Guidelines-written standards and procedures to prevent and deter criminal conduct.

UK Bribery Act-clear, practical and assessable written policies and procedures.

OECD-written policy that clearly states that bribery is prohibited.

Recent DPAs (IE, Panalpina Settlements)-clearly articulated and visible policy.

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

Written by:

Published In:

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.

© Thomas Fox | 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 »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.