Companies with business operations in Japan should review due diligence procedures and internal policy regarding small facilitation payments to ensure they are consistent with new guidance from METI.
In May 2021, the...more
7/7/2021
/ Acquisitions ,
Anti-Bribery ,
Bribery ,
Compliance ,
Due Diligence ,
Facilitation Payments ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Official ,
Guidance Update ,
Internal Controls ,
Japan ,
Mergers ,
Ministry of Economy ,
Multinationals ,
New Guidance ,
OECD ,
Target Company
Companies with business operations in Korea should assess the risk of possible violations subject to the CIO’s jurisdiction.
Gwon-lyeog-hyeong bi-li, a Korean phrase that translates as “power-type corruption” in English,...more