The U.S. Department of Justice’s Criminal Division has updated its Evaluation of Corporate Compliance Program in March 2023. This update has renewed expectations for companies to employ data analytics and testing, although the government’s expectations remain somewhat undefined. In a climate where enforcement risk associated with the Foreign Corrupt Practices Act (FCPA) is increasing across various industries, companies are facing uncertainty as to whether their compliance programs will pass governmental scrutiny or lead to expensive penalties. To bridge this gap of knowledge and provide a roadmap to compliance, the American Conference Institute (ACI) is hosting an
titled “Practical Guide to FCPA Data Analytics” on November 28th at National Harbor, MD.
The event aims to address corporate concerns to ensure their compliance programs are tightly aligned with the latest guidelines issued by the DOJ. Attendees will learn how to suitably leverage data analytics in compliance programs, thereby reducing the risk of costly penalties due to FCPA violations. Clear guidance on government standards for compliance programs and how best to meet those standards will be key outcomes.
In addition, the event offers an opportunity for legal professionals to network with their peers from some of the world’s biggest corporations and law firms and discuss emerging trends and shared challenges in corporate compliance and FCPA enforcement.
As the implications of FCPA enforcement escalate in magnitude and brunt, such forums are important for legal professionals to acquire a comprehensive understanding of the evolving landscape and brace for future changes.