Compliance Communications Blog

Third Parties Lead to FCPA Violations for Beam


7/31/18: Third parties pose more than a slight risk of noncompliance with anti-corruption laws. They may also be the tools used by companies to violate anti-bribery laws including the FCPA. A settlement between the SEC and Beam Suntory highlights the company’s use of third parties in a variety of bribery schemes.  According to the settlement, Beam Suntory made extensive use of third-parties in schemes to promote its liquor sales in India. A post by Michael Volkov on his Corruption, Crime & Compliance blog digs into the case. It’s an interesting overview of the potential risks posed by third parties.

Click Here to Read The Post

Third Parties Lead to FCPA Violations for Beam

Subscribe To The Communicate Compliance Blog

Essential Tips And Insights For Compliance Professionals