Political Risk Analysis Helps Reveal Local Compliance Risks

In a commentary on FCPA Blog, Brian Mich, a Partner in Control Risks’ Compliance, Forensics and Intelligence practice, and Oliver Wack, a Director of Control Risks and head of its North America risk analysis and consulting team, says that understanding how bribery and corruption work can help firms better identify and mitigate local compliance risks. "By expanding the field of view beyond the immediate investigation at hand and incorporating local expertise, companies can seek to ensure compliance, anticipate antagonistic developments and prepare for and mitigate risk before it materializes," they write.