FCPA China-Russia (Foreign Corrupt Practices Act)
Duration : 60 Minutes
Grant Smith,
Grant Smith is an International Trade Consultant and owner of Grant Smith Consulting LLC. Mr. Smith is a trade compliance professional with 30 years experience in global logistics and trade compliance. A licensed customs broker and certified customs specialist. Working for global corporations, implementing trade programs and Read more
This training program will help participants understand the current issues with China/Russia and violations of the Foreign Corrupt Practices Act. The program will review recent cases and the ramifications of doing business in China or Russia. Companies need to be aware of internal issues and have programs in place to safe guard against violations of the Act. The Chinese and Russian governments are also taking steps to address corruption and it has a different way of dealing with violations that can have serious impact on companies and officials. Learn how the US Government has stepped up enforcement and has a renewed focus on American and foreign companies and their activities. Internal investigations and self disclosures go a long way in mitigating fines and penalties. It is important to know where your own risk is and how to take steps to prevent violations.
Course Objective:
This course will cover all the basics of reasonable care standards and cover what the Department of Justice and other agencies look for and where they start looking. Learn what the penalties may be for violations. Review of the most current cases and how they came to light. Learn who in your company is responsible for safe guarding your company from fines, penalties, and imprisonment. The laws in China/Russia are much more severe than in the US, and can include life imprisonment or worse. Can you risk not having a program to address possible issues? What should you be doing and what is considered reasonable care.
Course Outline:
• US Department of Justice role
• US Department of Commerce’s role
• Learn the latest terminology and acronyms
• How does this affect your organization, should you be concerned?
• Written procedures and the role of corporate officers
• Learn who you can and can’t do business with because of violations
• Determine if your current program is compliant
What You Get:
• Training Materials
• Live Q&A Session with our Expert
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points
Who Will Benefit:
• Finance professionals
• Global tax professionals
• Trade compliance professionals
• Logistics managers
• Company compliance officers
• Import/export professionals
• Finance and tax professionals
• Brokers and forwarders
• Legal department
• Corporate IT professionals
• Corporate Directors
Please reach us at 1-888-844-8963 for any further assistance or if you wish to register
