“The most difficult thing a compliance officer will actually do is try and adjust that culture or work with management to form the culture," said Haydee Olinger, a former global chief compliance officer for McDonald’s.
June 08, 2023 at 05:26 PM
5 minute read
The original version of this story was published on Law.com
Medical device maker Stryker disclosed last month that federal authorities—for the third time in a decade—are investigating whether the company broke a federal anti-bribery law.
The Department of Justice and Securities and Exchange Commission inquiry is a stark reminder that even as compliance teams struggle to keep up with new regulations, including state privacy and pay-transparency laws, the decades-old Foreign Corrupt Practices Act still looms as a colossal risk for multinational companies.
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