Last Friday, May 26, INCAE's MBA 2023 students received a talk on the implications and relevance of the FCPA law as part of the course on "Ethics and compliance" taught by Professor Luis Emilio Cuenca.
The talk was given by Carolina Muñoz, an expert in providing advice to public and private organizations - national and international -, in the implementation, development and maintenance of compliance programs, especially on anti-bribery issues, management of reporting channels and internal investigations .
The FCPA (Foreign Corrupt Practices Act) is a US law that was promulgated in 1977 with the aim of combating corruption in the international arena. For INCAE students, understanding the scope of the FCPA, and all the regulations that penalize fraud and corruption, is important so that in their future leadership positions they can guarantee regulatory compliance and understand the risks and consequences of corruption. corruption from a business perspective.
