Numerous U.S. companies have come to FCPA grief for their overseas JVs and this continues to be a bane for many companies under the FCPA. There are some basic compliance terms and conditions which should be considered for any foreign JV agreement to help U.S. companies manage these compliance risks.

Three key takeaways:

1. Failure to secure See more +

Numerous U.S. companies have come to FCPA grief for their overseas JVs and this continues to be a bane for many companies under the FCPA. There are some basic compliance terms and conditions which should be considered for any foreign JV agreement to help U.S. companies manage these compliance risks.

Three key takeaways:

1. Failure to secure appropriate compliance terms and conditions in a JV agreement can cause great FCPA risk for a U.S. company.

2. Certifications are important requirements to obtain.

3. Audit rights must be secured and equally importantly, exercised See less -