Many U.K. general counsel are yet to wake up to the full impact of the U.S.’s long-armed anti-corruption laws with one in four claiming that they have little or no relevance to non-U.S. companies.
This month’s The Verdict survey, conducted in association with Davies Arnold Cooper, found that more than two-thirds (67 percent) of corporate counsel believe that U.S. laws, such as the U.S. Foreign Corrupt Practices Act (FCPA) and the Sarbanes-Oxley Act, have had an effect on the way they do their business. However, 33 percent did not think that these laws held any real significance for them.
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