The U.S. Department of Justice has recommended that companies do “reasonable due diligence” of third parties to avoid any risk of corruption—but DOJ hasn’t explained what reasonable due diligence actually is.
And for Albert Li, assistant general counsel/Americas for the medical device company Zimmer Holdings Inc., and for other in-house counsel, the devil can be in the details. Li plans to explore those details while speaking at a Consero Group corporate forum on compliance and ethics April 6-8 in Miami.
