WHY DOES THE OIL AND GAS INDUSTRY TEND TO GET ITSELF INTO STICKY SITUATIONS?

摘要

Companies must respect the FCPA provisions, or they will face the massive penalties. Companies in the energy sector face unique challenges in order to stay in compliance with the FCPA provisions. While these companies have more challenges, these problems can be overcome with effective compliance policies and regular training. Companies to keep in mind that bribery and corruption is material at any dollar amount and is never worth the penalties and loss in reputation. Excellent web sites to follow are the DOJ FCPA site and The FCPA Blog (www.fcpablog.com). The SEC provides SEC Enforcement Actions: FCPA Cases on their web page.