Fcpa Compliance Report

One of the areas many companies do not focus on enough is possible corruption in their Supply Chain (SC) for goods and services provided on a company’s behalf. The FCPA risks can be just as great through those entry points as it can be through the sales side of an organization. You need to know who your company is doing business with through the SC as much as you need to know your agents seeking business opportunities on your behalf.  As most companies have exponentially more vendors than sales agents, this task may seem daunting. However a well thought plan to risk rank your company’s third parties on the SC side can go a long way towards ameliorating this issue. The key is to set reasonable parameters and then management those third parties which present true corruption risk to your organization. This determination of the level of due diligence and categorization of a supplier should depend on a variety of factors, including, such factors as whether the supplier is (1) located, or will operate, in a high ri