Foreign Corrupt Practices Act (FCPA) Seminar for Medical Devices
November 13, 2012 — Washington, DC, AdvaMed Headquarters
The Foreign Corruption Practices Act’s (FCPA) purpose is to criminalize certain payments to foreign government officials to assist in obtaining business. The penalties for violating the Act range from being banned from tendering for US government contracts to large fines, and in some cases criminal convictions for prosecuted company executives. Learn the latest trends in FCPA enforcement and lessons learned on third party compliance management.
Anti-corruption laws are not merely restricted to the United States. Substantial penalties for the bribing of overseas officials exist in several other countries including the United Kingdom. Acquire insight on best practices for managing overseas sales through third party distributors. Participate in a panel discussion with industry experts about FCPA risks in Brazil, China, and India, and learn how to navigate other global anti-corruption risks.
The law requires companies to understand the details of the management structure, group ownership and financial dealings of the companies they do business with in order to confirm that they have no transactions with lawbreakers. Preparation is critical in ensuring that your company stays in compliance with the FCPA. Network with industry experts, receive guidance, and obtain up to the minute information on the FCPA.
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