“With Visual OFAC we now have a solid audit trail that can be emailed. I’ve recommended the solution to other shippers and forwarders.”
DIRECTOR OF REGULATORY COMPLIANCE, LOGISTICS, FREEPORT, NY
Aggressive Enforcement of FCPA Anti-Bribery Violations is a ‘Sleep Well’ Risk
Civil and criminal penalties for violations of the FCPA Anti-bribery and Books and Records violations are significant:
The SEC and DOJ have become far more aggressive with FCPA enforcement—greatly increasing both corporate risk and regulatory pressures. The Top 10 FCPA Settlements fines add up to an eye-popping $4.6 billion.
Top 10 FCPA Settlements
One result of this increased and very public enforcement is a surge in companies seeking more robust and structured approaches to anti-bribery and other ‘sleep well’ risks. Many are examining their FCPA and other trade compliance programs to determine where enhancements are needed and how best to satisfy board and executive-level expectations.
Visual OFAC™ FCPA Anti-Bribery Software Solutions
Visual OFAC is a full suite of FCPA compliance software solutions including advanced online and integrated PEP screening.