Putting Your Compliance Vision into Action: Building an Effective Compliance Environment

I.                    Building an effective infrastructure for compliance programs

A.                  The compliance mission:

1.                   Try to prevent bribery and corruption; but, if detected, the company must respond appropriately

B.                  Key components of an effective compliance program

1.                   Prevention

a.                   Commitment by senior management; sufficient compliance oversight, personnel, and resources

b.                   Periodic risk assessments

c.                   Policies and procedures

d.                   Anti-bribery/anti-corruption contractual provisions

e.                   Adequate training and communications