The most recent Corruption Index survey by Transparency International shows that Somalia, North Korea, and Afghanistan are tied for the dubious honor of most corrupt countries in the world. And without further ado, in order of reported levels of corruption, the 21 countries that pose the greatest FCPA threat to your business are:
1. North Korea
5. South Sudan
12. Guinea Bissau
12. Equitoreal Guinea
If your company is doing business internationally – and especially if it is doing business in any of the hot spot countries on the list above – check out my recent blog post. It explains why investing in a robust FCPA compliance program can save your company enormous costs by potentially avoiding prosecution for FCPA violations by rogue employees. It also gives seven practical tips your company can take to implement an effective FCPA compliance program.