A briefcase full of cash. An envelope stuffed with crisp hundred-dollar bills. A sly handshake to inconspicuously give someone money.
In movies and TV, bribes and corrupt business practices are often portrayed in cut-and-dry ways. It’s clear when something is a bribe. But in reality, it’s not always so obvious.
For example, you may be familiar with companies taking clients to sporting events in fancy corporate box seats as a way of courting their business. That might generally be a fine business practice, but careful if that client is someone connected to a foreign government — it could be seen as a bribe, and it could open you up to liability under the Foreign Corrupt Practices Act, or FCPA.
And that’s just one example. Think about the times a company takes a client or prospect out for dinner or a show. Or when companies give their clients free products. It’s easy to dismiss bribes as large amounts of cash and things happening under the table, but even everyday dealings can constitute a bribe if you don’t know the rules. Practices that seem innocuous could be illegal under certain circumstances involving foreign governments, and it’s important to know what those circumstances are.
Luckily, Grovo’s new Microlearning® content from producer Jen SanMiguel will help you and your company stay in the clear. In this new content we cover topics including:
- What is the FCPA: Learn what exactly constitutes a bribe under the FCPA, who it applies to, and how to stay clear.
- Keep Clear of Bribes: Learn how to tell the difference between a gift and a bribe, what to do if you are concerned about a dealing you’re part of, and your rights and protections if you report a bribe.
- Practice FCPA-Compliant Accounting: Learn how to keep your records clean and spot red flags that a bribe is taking place.
Even if you don’t work with foreign governments every day, it’s worth learning the rules so you’re prepared if you need them. Start learning how to protect yourself and your company with one of our lessons: Know the Difference between a Bribe and a Gift.