How to Customize Your Compliance Program in Response to India’s Updated Anti-Corruption Legislation

While India remains at the forefront of the emerging markets in terms of attracting foreign direct investment, it continues to remain a high-risk country for doing business from a corruption standpoint. In this guest article, David Simon, a partner at Foley & Lardner, and Sherbir Panag, a partner at Panag and Babu, summarize the key provisions of recent amendments to India’s anti-corruption legislation and provide specific advice for how companies operating in India can structure their compliance programs to effectively mitigate risk and position them to qualify for India’s new compliance defense should a corruption issue arise. See “Ten Tips for Performing Effective Anti-Corruption Investigations in India” (May 24, 2017).

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