While the need to conduct due diligence on international business partners is clear, there is no regulatory guidance specifying the depth to which companies need to investigate the background of third parties. However, Securities and Exchange Commission (SEC) and Department of Justice (DOJ) judgments in Foreign Corrupt Practices Act...
Our forefathers realized that angels do not govern men, and that rules were needed to successfully govern. Corporations are the same. While most employees and managers have good intentions, rules are needed to successfully run the business.
On Feb. 14, 2011, the Department of Justice (DOJ) and the Department of Health and Human Services (HHS) sent Valentine’s Day greetings by announcing that in fiscal year 2011, the agencies recovered approximately $4.1 billion from joint enforcement efforts.