Managing international business and acquisition compliance risk*

April 2008
  • Print-friendly version
Forensic services: Managing international business and acquisition compliance risk

At a glance

PwC transcript of roundtable discussion of acquisition compliance risk issues. The panel included representatives from PwC, The National Law Journal and The New York Law Journal


As the pace of globalization accelerates, US commercial entities are increasingly pursuing opportunities for growth in developing countries such as China, India, Indonesia and Russia, markets in which bribery and corruption of government officials are all too much a part of the business landscape.In an effort to protect the integrity of US capital markets, preserve investor confidence, and create a level playing field for businesses operating lawfully, the US government has increased its focus on violations of the FCPA. The Act prohibits corrupt payments to foreign officials for the purpose of obtaining or keeping business and applies to domestic business operating abroad as well as foreign businesses that list on a US exchange. PwC, The National Law Journal and The New York Law Journal, conducted a roundtable discussion of the current regulatory environment; recent settlements and trends; preacquisition steps to identify and remediate potential FCPA violations by the target company; the impact of such problems on pre-acquisition negotiations; and the post-acquisition actions needed to bring an acquired company into compliance with the FCPA and other regulatory regimes.