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Follow on Google News | Compliance with anti-corruption regulations is critical for business growthInterview with Robert N. Tullar, CPM, Director, Alliances and Regulatory Compliance, General Dynamics Armament and Technical Products, Inc.
By: marcus evans A compliance program must be adaptable to different settings “Accessing global customers, relationships and new markets may well now be the most important strategic tool for companies seeking to grow, especially as many continue to experience either limited growth domestically or are operating in a highly competitive saturated domestic market,” according to a recent Grant Thornton report. In this international business landscape where risk mitigation is key, ensuring compliance with the Foreign Corrupt Practices Act (FCPA), the UK Bribery Act and other emerging anti-corruption (http://www.marcusevansassets.com/ “Considering the diversity of the people, cultures and countries that anti-corruption professionals may interact with, it is important to build a program that is adaptable to a variety of international and/or geographic settings,” said Robert N. Tullar, CPM, Director, Alliances and Regulatory Compliance, General Dynamics Armament and Technical Products, Inc., a speaker at the upcoming marcus evans 10th Global Anti-Corruption Compliance Conference (http://www.marcusevans- Although corruption and bribery are clearly unacceptable practices wherever a company is located, some guidelines within the laws are not as straight-forward, Tullar pointed out. “Laws (or the interpretation of them) in some cultures can be vague. For instance, the rules on how you should (or if you can) pay hotel or other travel costs can depend on a negotiated agreement or dictated by local law. Often times it is not just the laws and guidelines of your native country that you need to consider, but also those of the countries where you are doing business. Make sure when considering international business that you are able to commit to and honor both.” Tullar went on to say: “A risk often neglected is the difference between US laws and the laws of other countries. In some instances, laws may be interpreted more liberally. It is important others understand what you mean when you talk about anti-bribery and the FCPA (http://www.marcusevansassets.com/ “A chain is only as strong as its weakest link,” Tullar concluded. “Having a cross-industry dialogue on anti-corruption best practices would help us strengthen each other. Anti-Bribery/ The marcus evans 10th Global Anti-Corruption Compliance Conference will take place in Arlington, Virginia, June 11-13, 2013. For more information, contact Sara Matuszak at 312-540-3000 x6683 or saram@marcusevansch.com End
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