The FCPA in Emerging Markets: Evaluating Risks of Bribery and Corruption

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In today’s artice we will discuss some of the issues faced in emerging markets, regarding anti-bribery and anti-corruption. There are several characteristics that appear across the spectrum in emerging markets. These markets usually have a large and multi-leveled bureaucracy which can make many demands for permits, licenses and other types of governmental approvals. In opening any new business in an emerging market there are usually multi-governmental touch points where bribes can be demanded. Due to these factors there is a culture of small time, almost daily corruption in many emerging market which can often impact the attitude of employees.

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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, Compliance Evangelist | Attorney Advertising

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