Navigating India - U.S. Cross-Border Bribery and Corruption Risks

However, a new and untested market can be fertile ground for fraud, and companies that operate across borders and outside their traditional markets are more vulnerable to corruption risks, just as their size, and separation of business units, departments and functions can magnify the difficulties in managing such risks. As a result, the regulatory and enforcement response to these corruption risks continues to be aggressive, supported by elasticized concepts of jurisdiction, and increased international cooperation, as well as the promulgation of new local anti-corruption statutes.

Join Pillsbury and Ernst & Young India for a discussion of the current legal and regulatory climate for these high-risk/high-reward markets. Topics will include:

• Overview of the U.S. Foreign Corrupt Practices Act (FCPA), India’s Prevention of Corruption Act (POCA) and the Foreign Contribution Regulation Act
• Understanding the Books and Records Provision of the FCPA
• Prevailing Regime on Anti-Corruption Laws in India
• Contrasting Enforcement of U.S. and Indian Anti-Corruption Laws
• Regulatory Challenges in High Risk Markets
• Essential Elements of an Anti-Corruption Compliance Program
• Evolving Legislative Landscape in India
• Lessons Learned from Recent FCPA Cases

Please send us your queries / questions beforehand at forensic@in.ey.com, the presenters will try to address them, during the session.