FCPA Enforcement Trends: A Look Back at 2022 and Expectations for 2023 and Beyond
Sponsored by Diligent
This event qualifies for 1 CPE credit accredited by GRC Certify if you meet the completion criteria (50 minutes of attendance and answer 100% of polls presented). Credit is automatically tracked to your certifications and recorded on your CPE Transcript.
In this webinar, we will discuss what we learned from FCPA enforcement actions in 2022, and touch on what to expect in 2023 and beyond. While the total number of FCPA enforcement actions brought by the U.S. Department and Justice (“DOJ”) and Securities and Exchange Commission (“SEC”) paled in comparison with more recent, pre-pandemic years, organizations should resist the temptation to be lulled into a false sense of security.
While statistics reveal that FCPA enforcement activity in 2022 was somewhat subdued—roughly on par with activity from the previous year—combatting bribery and corruption on an international scale remains a core priority of the Biden Administration. In addition, the enforcement statistics alone are illusory in that they fail to capture the total number of ongoing government investigations into potentially more sophisticated FCPA violations.
In this webinar, we discuss some of the more prominent FCPA-related settlements reached by the DOJ with violators this year. We also discuss the implications of the DOJ’s decision to update its Corporate Criminal Enforcement Policies and offer practical recommendations for legal and compliance professionals to consider in evaluating the strength of their current FCPA compliance efforts. Finally, we discuss the continued importance of effective third-party risk management as a safeguard against
potential FCPA violations.
Speakers:
- Michael Volkov, CEO, Volkov Law Group
- Alexander Cotoia, Volkov Law Group
Learning Objectives:
- Discover how the government addressed FCPA violations in 2022
- Recognize trends for 2023 and beyond
- Identify opportunities for your organization to strengthen its FCPA compliance program
- Learn about potential solutions that meet your organization’s needs
Additional Information:
Field of Study: Management Services
Prerequisites: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
CPE Credit Notice
This is a group internet-based event for NASBA authorized continuing education credit. OCEG webinars are free for anyone to attend, but only Attendees who have an OCEG All Access Pass will receive a Certificate of Completion for the webinar indicating 1 hour of CPE credit.
OCEG is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For information regarding administrative issues such as complaints or refunds, please contact OCEG at info@oceg.org.
