Compliance Clampdown On Bribery

The Eli Lilly FCPA case in late 2012, resulting in more than $20 million in fines, should have been a wake up call to companies with overseas business connections. Government authorities said the company had a “check-the-box” mentality when it came to third-party due diligence. The writer lists four criteria the government will use to evaluate a company’s due diligence protocols.