As part of the government's efforts to clamp down on foreign corruption, there has been an explosion in FCPA enforcement activity. Increasingly, the Justice Department and SEC are expecting US issuers and domestic concerns to put in place state-of-the-art programs to comply with the FCPA and to prevent and detect foreign corruption. While not co-extensive, there is significant overlap between FCPA and AML programs. This panel will discuss:
•The FCPA: Legal requirements and enforcement trends;
•Similarities and differences between the FCPA and AML laws;
•How to leverage off your AML Program: Risk assessments, compliance functions, third party/customer due diligence, transaction monitoring, training, internal controls, and audit.