BUSINESS PARTNER DUE Due Diligence: Selecting and Managing Agents, Joint Ventures and Consultants

Thomas Fox - Compliance Evangelist
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US companies have long utilized foreign business partner relationships to leverage their global reach and assist in the growth and development of overseas business relationships. When a US company enters into this type of business relationship it enables the company to expand their commercial reach in a cost effective manner. One key component of this foreign business relationship is that the US company must manage compliance under the Foreign Corrupt Practices Act (FCPA) by the foreign business partner.

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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.

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