The WPP Foreign Corrupt Practices Act Enforcement Action
Sep 29, 2021•31 min•Ep. 242
Episode description
Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. This week Matt and Tom take a deep dive into the second FCPA enforcement action of 2021, involving the UK entity, WPP.
Some of the issues we consider are:
Why does a $15bn, 100K employee worldwide, multination not have a compliance function? What does that say about its culture?
What is the role of compliance in M&A?
When does a financial incentive become perverse?
Where is the DOJ? Where is the SFO?
How did WPP avoid a monitor?
Resources
Matt in Radical Compliance
WPP Pays $19M on FCPA: An Analysis
Tom in the FCPA Compliance and Ethics Blog
Part 1-Background
Part 2-Structural Compliance Deficiencies
Part 3-Bribery Schemes
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