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Originally Recorded:
18 May 2011
Run Time: 90 Minutes

Includes:
• 60-day access to recorded webinar
• PDF of the PowerPoint Presentation

Fees:
• OSA Corporate Members: $75
• Non-Members: $175

Best Value:
Company License for multiple participants: $199 for OSA Corporate Members

Presented By:

OSA Corporate Associates

In Partnership With:

MK Technology

The Foreign Corrupt Practices Act (FCPA): Fundamentals and Importance (Webinar #1)

Webinar Series: Export Control Regulations for the Optics, Lasers and Photonics Industries

Speaker: Douglas N. Jacobson, Senior Adviser & Counsel, MK Technology

The first in a series of four webinars focused on export control regulations. This 90-minute presentation will introduce you to the U.S. Foreign Corrupt Practices Act (FCPA), related issues and steps to ensure FCPA compliance. Enforcement of the FCPA is at an all time high. As a result, if your U.S. company is involved in international transportation and sales, or dealing on a regular basis with government agencies outside the U.S., and you don't have a robust FCPA compliance program you are exposing yourself to substantial levels of risk.

The speaker will address these key questions during the webinar:

  • Why is the FCPA important?
  • What does the FCPA require?
  • What are the penalties for violation?
  • What are the major sources of FCPA risk?
  • How you can minimize this risk.
  • What can be learned from recent FCPA cases?

What You'll Learn

  • 10 steps you can take to minimize your FCPA risk
  • Due Diligence Checklist–Examples of items to request
  • What are the basic ethical and record-keeping rules for companies who want to be compliant?
  • How has the Obama Administration approached enforcement of the FCPA?
  • What are the new UK ethical requirement?
  • How is the British aproach different from that of the U.S. Justice Department and the SEC?
  • What is the future direction of ethics laws, both here and abroad?

Who Should Attend

  • Executive-level corporate management.
  • Anyone involved in overseas sales or servicing.
  • Anyone with responsibility for corporate compliance.
  • Those in the legal department, particularly if they have international trade responsibility.

Why is FCPA and Anti-Bribery Compliance Important?

  • Individual Enforcement-DOJ and SEC are increasingly targeting executives; sentences include jail time.
  • Increased Enforcement-Enforcement is up nearly 200% from 2007.
  • Increased Penalties-Penalties have dramatically increased. One company paid $800 million to the US Govt. and $856 million to the German Govt. in anti-bribery cases.
  • In addition, there is increasing cooperation and coordination internationally with some investigations targeting entire industries or regions.

Speaker

Doug-JacobsonDouglas N. Jacobson, Senior Adviser & Counsel, MK Technology
Doug Jacobson has 20 years of experience representing a wide range of U.S. and non-U.S. companies on export control issues and serves as principal outside international trade counsel to a number of U.S. and non U.S.-based multinational companies, including those that produce electronic, industrial, medical, consumer and aerospace products. Mr. Jacobson regularly counsels clients on compliance with U.S. and multilateral regimes governing the export of dual-use items, software, technology, defense articles and humanitarian products. He assists companies in understanding and navigating the complex rules set forth in the U.S. Export Administration Regulations, the International Traffic in Arms Regulations and the various sanctions regulations administered by the Treasury Department's Office of Foreign Assets Control (OFAC). Since 2003, Mr. Jacobson has edited and published International Trade Law News, a widely read blog containing news and information on export controls, customs, antidumping, FCPA and other international trade-related issues.

Webinars In This Series