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Deloitte
Deloitte Survey: Three-Quarters of Survey Participants Report Increased Concern Over Violating Anti-Bribery Law
June 6th, 2009
According to a recent Deloitte survey, in the past three years, 75 percent of survey participants reported increased concern about potential violations of the anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA). As a result of FCPA concerns, 42 percent of survey respondents indicated their companies had renegotiated or cancelled a planned business relationship or acquisition. "Increasingly, nations are working together to crackdown on inappropriate payments in an effort to combat bribery, terrorist financing, money laundering, drug trafficking and the like," said Wendy Schmidt, national leader of the Business Intelligence Services...
Source: Law & Health Weekly (2009-06-06)
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