Tag: Travel Act

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Daily Compliance News

April 11, 2023 – The 10,000 Companies Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen to the Daily Compliance News. All from the Compliance Podcast Network. Each day we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Stories we are following in today’s edition of Daily Compliance News:

  • EU sustainability rules to hit 10K companies. (WSJ)
  • The Travel Act and state corruption. (Valley Central)
  • What’s next for banks? (NYT)
  • Do you use all of your vacation days? (Bloomberg)
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FCPA Compliance Report

Stanley Foodman on the Travel Act and FCPA


In the Episode, I am joined by Stanley Foodman, President and CEO of Foodman CPAs & Advisors. He is a bilingual professional that specializes in Forensic Accounting, Complex Tax and Financial Institution Compliance. Foodman is a recognized forensic accountant and litigation support practitioner who specializes in complex tax matters, commercial and civil litigation, financial crimes investigation and defense as well Corporate Governance and financial institution compliance matters. Foodman has served as expert witness and forensic accountant for some of the nation’s most challenging and high-profile economic crimes. Foodman is a JD Supra Readers’ Choice author. His articles have appeared in international and domestic banking journals, newspapers, magazines and on-line publications.
We visit about the intersection of the FCPA and Travel At. Some of the highlights include:

  • What led to Foodman’s interest in the Travel Act?
  • What led Food to write “Connecting The FCPA With The “Travel Act” In 2020”.
  • How do you connect the Travel Act with the FCPA?
  • The Travel Act originally intended by Robert Kennedy to help in his fight against organized crime. How does its current use build on that original premise?
  • Why are there only a very few FCPA cases where the DOJ used the Travel Act?
  • If a company is primarily liable under the FCPA is there any need for a Travel Act component?

 Resources
See Stanley Foodman article “Connecting the FCPA with the “Travel Act” in 2020”