Partner John Carney and Associate Sonny Carpenter co-authored an article published on Law360 on June 3, 2015, headlined “Aerospace Cos. Face More Corruption Risk Than Ever Before.” The article examines the growth of government oversight, which, the authors write, “heightens the risk of prosecution and enforcement actions concerning unlawful and unethical sales practices” in the aerospace industry.
The authors review the regulatory landscape, including the Foreign Corrupt Practices Act, the U.K. Bribery Act, and similar laws, and offer best practices for anti-corruption compliance programs. The article concludes: “Enacting robust and comprehensive compliance programs is the key to clearing a predictable path through these stormy skies of anti-corruption enforcement. Such programs will strengthen a companies’ financial stability and set them up for success going forward in this new aggressive anti-corruption environment.”
Read the article.