Directors and Officers Need to Plan for FCPA Compliance, William McGovern Explains
January 15, 2016
In a recent Law360 article, William McGovern, a former enforcement lawyer at the U.S. Securities and Exchange Commission (SEC) and a member of the firm’s Government Enforcement Defense team, explains the importance of Foreign Corrupt Practices Act (FCPA)compliance for directors and officers of nonprofit organizations. “U.S. prosecutors have steadily widened the net of FCPA enforcement over the last several years,” Mr. McGovern says. “From the government’s perspective, a bribe paid by a nonprofit entity could have the same damaging effect on global commercial standards as a bribe paid by a for-profit entity.” In addition, he discussed the nuanced interpretations of the FCPA and how directors and officers can protect themselves and the organizations they represent.
Read the article here.