31 Days to a More Effective Compliance Program - Board failures in compliance

Thomas Fox
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Next, we consider a couple of landmark failures at the Board level around bribery and corruption.

Three key takeaways:

1. Board liability will be severe based upon similar conduct going forward.

2. Board members must critically challenge management on its conduct.

3. The Board is the ultimate backstop against bribery and corruption.

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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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Thomas Fox
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