World-Wide Guidance for International Trade & Transactions, Compliance and Ethics
World-Wide Guidance for International Trade & Transactions, Compliance and Ethics
COMPLIANCE:
You cannot contract-away responsibility for compliance?
Having a compliance program can help minimize or avoid penalties in many countries?
Not having a compliance program can result in higher penalties when there's a problem?
Not understanding compliance requirements is not a defense?
Policies and procedures for one country may not be enforceable in another?
Imposing a parent company's requirements on a foreign subsidiary can expose the parent company to the other country's jurisdiction?
Gift giving may be bribery?
ECONOMIC DEVELOPMENT:
There may be incentives available to grow your business?
Not all incentive programs are the same?
You can get a competitive advantage by strategically utilizing public incentives for expanding internationally?
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