In theory, compliance initiatives throughout a merger or acquisition should proceed with ease and be appreciated. In reality, various moving parts, players and personalities must be managed throughout the process by a compliance team, which no doubt will be called on to exercise its diplomatic skills while undertaking exceedingly vital work in a sometimes hostile environment. At the Society for Corporate Compliance and Ethics’ European Compliance & Ethics Institute in Frankfurt, Germany, representatives of Avis Budget Group discussed what it really takes to get things done before, during and after closing. The Anti-Corruption Report shares insight from the panel. See also “Structuring M&A Transactions to Minimize Corruption Risk” (Oct. 18, 2017) and Willkie’s series on “Complying With the FCPA: Mergers, Acquisitions and Investment Transactions (Part One of Five)” (Apr. 17, 2013); Part Two (May 1, 2013); Part Three (May 15, 2013); Part Four (May 29, 2013); and Part Five (Jun. 12, 2013).