International business obligations

WHO SHOULD READ THIS

• Senior management and corporate officers.

THINGS YOU NEED TO KNOW

• Having robust compliance programs in place, especially with respect to anti-corruption and trade practices has never been more important.

WHAT YOU NEED TO DO

• Ensure that internal compliance policies and training are in place and continually updated.

Globalisation presents an attractive opportunity for growth for all businesses. With more Australian companies seeking to engage in multi-jurisdictional transactions, particularly in the United States, it is prudent to be aware of the importance of having robust compliance policies in place to promote risk minimisation and avoid significant financial and reputational damage that you could be exposed to.