There is no reference to prudent discharge in the FCPA itself. However, a Board member might well think more than twice about the prudent discharge of duties to the shareholders as both the DOJ and SEC now might well wish to look into a Board’s prudent discharge of duties under the FCPA.

Three key takeaways:

What is prudent See more +

There is no reference to prudent discharge in the FCPA itself. However, a Board member might well think more than twice about the prudent discharge of duties to the shareholders as both the DOJ and SEC now might well wish to look into a Board’s prudent discharge of duties under the FCPA.

Three key takeaways:

What is prudent discharge?

What is your process for doing compliance at the Board level?

A Board must have active rather than passive engagement around compliance. See less -