Foreign Corrupt Practices Act Compliance Guidebook: Protecting Your Organization from Bribery and Corruption (Wiley Corporate F&A) [Hardcover]

Martin T. Biegelman (Author), Daniel R. Biegelman (Author)

Book Description

ISBN-10: 0470527935 | ISBN-13: 978-0470527931 | Publication Date: April 26, 2010 | Edition: 1

Foreign Corrupt Practices Act Compliance Guidebook shows readers how the Foreign Corrupt Practices Act (FCPA) has grown to critical importance to any U.S. company that does business in a global environment, as well as foreign companies that supply or have agency agreements with U.S. companies. It provides an overview of the business risks and guidance on spotting potential red flags regarding FCPA violation. Business professionals are provided with practical guidance on managing FCPA requirements as part of an overall compliance program.

Editorial Reviews

Review

Praise for Foreign Corrupt Practices Act Compliance Guidebook: Protecting Your Organization from Bribery and Corruption

"This book is a must for lawyers and any corporation that deals with global commerce. The chapter on Siemens shows how a large multinational can respond and reform under intense scrutiny. The Siemens chapter also represents reform and transparency and will be seen as a model for a very long time."
—Michael G. Oxley, Of Counsel, Baker and Hostetler LLP

"An excellent FCPA guidebook! The Biegelmans' book makes it easy to understand the FCPA and includes fascinating case studies and interviews with compliance thought leaders. It should be required reading and a desktop reference for anyone committed to the fight against worldwide corruption or interested in creating a best practice anti-corruption compliance program."
—Cynthia Cooper, CEO, The CooperGroup LLC, and one of Time magazine's Persons of the Year

"Foreign Corrupt Practices Act Compliance Guidebook is an excellent and easy-to-use resource for companies doing business abroad. The book is full of practical guidance and compiles in one place an overview of the many issues a company and its counsel may face in effecting compliance and dealing with investigations. A must-read!"
—Karen A. Popp, Partner at Sidley Austin LLP, former federal prosecutor, and Associate White House Counsel to President Clinton

"This book provides a highly relevant and invaluable guide for companies wishing to protect their assets and reputations from the menace of corruption. In addition to presenting a comprehensive discussion of the history, requirements, and importance of the FCPA, Martin and Daniel Biegelman offer insightful, in-depth examples and clear, practical guidance on compliance."
—James D. Ratley, CFE, President, Association of Certified Fraud Examiners

"Everyone in the compliance community will find what they need in this great new resource. It demystifies the FCPA and what it requires. The writing is crisp and lively, the examples and case studies are vivid and succinct, and the advice is rock solid. This is the best overall presentation of the FCPA between two covers that I have ever seen."
—Richard L. Cassin, Founding Partner, Cassin Law LLC, and creator of the widely read FCPA Blog

"Foreign Corrupt Practices Act Compliance Guidebook is a brilliant and crucial addition to FCPA literature. Any American company doing business overseas needs a copy. This will be a standard reference for many years."
—Mark A. Kirsch, Co-Chair of Litigation, Gibson, Dunn & Crutcher LLP

“Martin and Daniel Biegelman have done it again.  While the FCPA has been an issue for decades, it has taken center stage over the past few years and all signs point to it having an even greater impact on businesses going forward. The Biegelmans’ have built a comprehensive tool for all levels of interest – from the practitioner to the CEO, this is a book that should be mandatory reading for those touching international business.”
—Dan Wachtler, CEO, IPSA International, Inc.

“As the FCPA quickly becomes one of the world’s true International Laws, compliance is essential for corporate accountability and integrity. The FCPA is a critical component of a free market system that rewards hard-working, honest individuals and companies, and strongly pursues violators. The Biegelmans’ FCPA Compliance Guidebook isn’t just about a regulation; it’s about building a successful and compliant global economy.
—Roy Snell, CEO, Society of Corporate Compliance and Ethics

“Martin along with his son Daniel have written the authoritative standard on the Foreign Corrupt Practices Act. It is a must read for any Compliance or Ethics personnel looking to better understand this complex issue.”
—John E. McDermott, VP, Corporate Compliance Investigator, CA Inc.

“Foreign Corrupt Practices Act violations are the current focus of regulators, investigators, and prosecutors, here and abroad. This exhaustive text explores the legal nooks and crannies with exacting precision, but it’s most important contribution is the emphasis on compliance and prevention, areas that the authors know well. Through numerous illustrations of extraordinary crimes and splendid compliance and prevention techniques, the authors establish FCPA awareness and compliance as a sine qua non for doing business globally. A must-read for businesses wishing to avoid massive fines and/or imprisonment.”
—George E. Curtis, J.D., Executive Director of the Economic Crime Institute, Utica College

“Martin and Daniel Biegelmans’ work will go down in American corporate and financial lore as a comprehensive history of the series of train wrecks that have yielded the FCPA and its various progeny. It tells the fascinating story of how we got from the Lockheed disclosures of the mid-1970s to the hottest area of white collar practice today. It is required reading for those of us struggling to implement global compliance programs. Those unenlightened ones who remain committed to the dark side would also do well to read it, and take warning.”
—Keith Hennessee, Associate General Counsel, Halliburton Company

“This book is a great compilation of information about the FCPA and practical guide that would have been incredibly useful to me when I was asked to be responsible for FCPA Compliance related matters. It is a much needed resource and it will be extremely valuable as a desk reference for anyone involved in business and who is responsible for FCPA compliance.”
—Flora A. Francis, Counsel, Litigation, GE Oil & Gas

“Tackling corruption and insuring compliance with the Foreign Corrupt Practices Act makes this book a ‘must read’ for both current and future managers of today’s global corporations. Increased global Anti-Corruption laws and efforts demand that corporate compliance and training programs are in place - this guidebook provides the ‘how’ and the ‘why’! This book provides the ‘wake-up call’ and consequences of ‘failure to act’ that organizations can no longer ignore!”
—Joyce Barden, CPA, CBM, Senior Professor, DeVry University/Keller Graduate School of Management

From the Inside Flap

Foreign Corrupt Practices Act Compliance Guidebook: Protecting Your Organization from Bribery and Corruption

One of the fastest growing areas of law and corporate compliance, the Foreign Corrupt Practices Act (FCPA)—which makes it a crime for U.S.-listed companies to obtain business by bribery of a government official of another country—is now a major concern, due to the globalization of business and the United States government's vigorous commitment to enforcement. If you want to learn about the past, present, and future of the FCPA, the constant threat of bribery, and how to design and manage an anti-corruption compliance program, this book is a must-read.

Foreign Corrupt Practices Act Compliance Guidebook provides invaluable compliance guidance on the business risks associated with bribery, corruption, and the FCPA. Included is rich content and practical information for both U.S. and foreign companies. Authoritative, comprehensive, and insightful, Foreign Corrupt Practices Act Compliance Guidebook:

• Helps you understand the critical importance of the FCPA in today's global environment
• Provides useful guidance on the business, financial, legal, and reputational risks associated with bribery and corruption
• Explores the role of the U.S. Department of Justice and the SEC in both enforcement and compliance enhancement including history, current issues, and trends
• Shows you how to recognize bribery red flags and worldwide hotspots of corruption
• Offers step-by-step implementation guidance on creating and maintaining an effective FCPA compliance program
• Includes numerous practical tips and real-world FCPA cases including profiles of Siemens, Monsanto, and BAE Systems
• Features interviews with thought leaders in FCPA and anti-corruption compliance
• Provides an overview of key Department of Justice Opinion Procedure Releases for further FCPA guidance.

Detailing the FCPA from its birth as a result of the Watergate scandal to its current worldwide impact, Foreign Corrupt Practices Act Compliance Guidebook is your complete resource on this increasingly important law and compliance issue.

See all Editorial Reviews

Product Details

• Hardcover: 384 pages
• Publisher: Wiley; 1 edition (April 26, 2010)
• Language: English
• ISBN-10: 0470527935
• ISBN-13: 978-0470527931
• Product Dimensions: 6.5 x 1.3 x 9.1 inches
• Shipping Weight: 1.3 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #340,923 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

Most Helpful Customer Reviews

1 of 1 people found the following review helpful:

5.0 out of 5 stars Keeping the FCPA Enforcers At Bay, May 2, 2010

By 

Peter Goldmann (Ridgefield, CT) - See all my reviews
(REAL NAME)   

This review is from: Foreign Corrupt Practices Act Compliance Guidebook: Protecting Your Organization from Bribery and Corruption (Wiley Corporate F&A) (Hardcover)

The father and son team of Martin and Daniel Biegelman has produced what might well be described as the new "go-to" source of analysis, historical perspective, compliance guidance and leadership advice for companies to avoid running afoul of the Foreign Corrupt Practices Act (FCPA).

Starting with a comprehensive overview of the genesis of the Act, along with highly readable summaries of the history-making Siemens corruption case and other recent enforcement initiatives, "Foriegn Corrupt Practices Act Compliance Guidebook" transitions smoothly to a uniquely succinct "how to" source of specific steps for corporate management to follow for staying out of the crosshairs of the increasingly aggressive enforcement efforts of the FBI and the Securities and Exchange Commission.

The book draws on the extensive investigative, compliance and integrity policy experience of Martin and Daniel Biegelman, respectively the head of Microsoft's Financial Integrity Unit and an attorney at the top law firm of Baker & Hostetler. Their collaboration offers managers of all organizations currently or prospectively seeking to expand overseas with all of the information and current compliance guidance they need to do so without risking the potentially devastating financial and reputational penalties of violating this often underestimated federal prohibition against paying bribes to foreign government officials in order to secure business contracts.

In addition, reading this book provides the reader with more than the "whole story" on managing effective FCPA policy; it also offers a blueprint for building and maintaining enterprise-wide standards of integrity, ethics and fair dealing that more and more organizations seem all too willing to compromise.

0 of 1 people found the following review helpful:

5.0 out of 5 stars The Best Book on FCPA I have Ever Seen, May 21, 2010

By 

Paul R. Allen Jr. (Cary, North Carolina) - See all my reviews
(REAL NAME)   

This review is from: Foreign Corrupt Practices Act Compliance Guidebook: Protecting Your Organization from Bribery and Corruption (Wiley Corporate F&A) (Hardcover)

Team Biegleman has done it again with this book on the FCPA. I am an Internal Audit professional who has been researching the FCPA for the past two years and this book is by far the best one that I have read on the topic. This book provides a clear and systematic approach to understand the FCPA history, requirements, and importance. It also includes excellent case studies to reinforce the concepts. This book is a must read for any business professional that deals with the FCPA or has international operations.