5/23/18: In a major FCPA settlement, Panasonic Avionics agreed to pay a criminal fine of $137 million, pay $143 million in disgorgement and retain a compliance monitor for two years.
That might be a lesson to Panasonic Avionics, but the lessons from the case may be far more important to other organizations. On Corruption, Crime and Compliance, Michael Volkov provides a two-part article about the case that contains key lessons ranging from C-Suite misconduct to the risks posed by sub-agents.
