Fcpa Compliance Report

This episode is dedicated to the Justice Department’s Evaluation of Corporate Compliance Programs, which was released in February. In this episode, Jay Rosen and Jonathan Armstrong provide next insight. Listen to last week’s Episode 8 for commentary from Matt Kelly and Mike Volkov.    Jay Rosen, reporting from the ABA White Collar Conference in Miami, considers the view from the vendor perspective and whether the Evaluation changes a conversation about doing compliance. He reviews the requirements for ongoing monitoring, risk assessments and root cause analysis and the need for companies to explain how something might have fallen through the cracks, leading to a FCPA incident. He points out how CCOs can test a company’s compliance systems. For Jay Rosen’s post see, Still in the Enforcement Business and Evaluation of Corporate Compliance Programs Jonathan Armstrong provides a detailed analysis of some of the key differences between how compliance is operationalized in the US as opposed to the UK and EU cou