FCPA Compliance – Challenges for U.S. Companies doing business in India
The past few years have seen a spate of FCPA enforcement actions against US Corporations with imposition of unprecedented fines and penalties. In 2008, Siemens paid the highest penalty to date – $800 million[i]. U.S. enforcement agencies have also imposed significant penalties against other companies such as Baker Hughes Inc. ($44 million)[ii], ABB Ltd. ($10.5 […]