19Oct
[Video] 31 Days to a More Effective Compliance Programs - Tying it all together for JVs
I want to emphasize again the risks JVs pose under the FCPA. Mike Volkov has stated, “A joint venture requires the integration of disparate company cultures. It can be successful and is usually one of the significant reason for the joint venture itself.” Both parties should assess each other and decide that the JV is a good fit, meaning that each side will benefit. Too much time is spent on looking at the JV partner’s compliance toolbox (i.e., policies, procedures, and controls), and not enough...
By:
Thomas Fox
Source Url: https://www.jdsupra.com/legalnews/31-days-to-a-more-effective-compliance-p-82551/
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