On February 3rd, the Anti-Corruption & FCPA Compliance Core Committee organized the first meeting for the year 2022. Ms. Komple Sharma, Manager, AMCHAM, welcomed participants. Mr. Gaurav Ajmani, Chairman – Anti-Corruption & FCPA Compliance Committee, AMCHAM and Associate General Counsel: Business Conduct & Ethics, Amazon Seller Services and Ms. Bhawna A. Ranganadhan, Co-Chairperson – Anti-Corruption & FCPA Compliance Committee, AMCHAM and Vice President, Legal and Compliance, Genpact, led the discussion on the key takeaways from 2021 and emerging compliance trends, opportunities and challenges. The committee analyzed and discussed the falling trend of FCPA enforcement actions, total corporate sanctions annually, USG investigations initiated per year and latest report on corruption perception index. The committee also prepared the agenda for 2022 which included topics like transaction testing, envisaging compliance policies and driving culture, managing audit teams, whistleblowing mechanism and investigations. The meeting concluded with closing remarks from AMCHAM thanking members for their valuable inputs.
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