Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this episode, we discuss President Trump’s review of other interests in US business and its implications for compliance.
The panel explores the evolving landscape of government involvement in major U.S. corporations and the resulting compliance and anti-corruption risks. With recent actions by the Trump administration to acquire stakes or exert control over companies like US Steel and Intel, the discussion centers on the implications for FCPA enforcement, the definition of “instrumentality,” and the challenges facing compliance professionals as the boundaries between public and private sectors blur. The episode also examines international perspectives, potential conflicts of interest, and the impact on global business relationships.
Key highlights:
Introduction: Are We Becoming Socialist?
Golden Share and Control Mechanisms
Anti-Corruption Risks and FCPA Instrumentality
International Law and Foreign Supplier Risks
Conflicts of Interest and Board Representation
International Perspectives: UK and EU Compliance
Politically Exposed Persons and Due Diligence
Closing Thoughts: Navigating Uncharted Territory
Resources:
Matt Kelly in Radical Compliance
Tom Fox
YouTube
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