Weighing the risks of self-reporting a bribery violation, or hiding it, has always been a thorny issue for companies.
And that’s the dilemma at the heart of the U.S. Justice Department’s pilot program for violations of the Foreign Corrupt Practices Act. While the one-year program has made companies a little more trusting of prosecutors, the decision to self-report a foreign bribe is no less gut wrenching, according to FCPA lawyers.