Industry: Transportation & Logistics
Region: Global (60+ Countries)
Situation
A U.S.-based logistics company with operations in more than 60 countries sought an independent assessment of its anti-corruption compliance program to evaluate alignment with the Foreign Corrupt Practices Act (FCPA). Given its extensive global operations and reliance on third-party representatives, the company engaged Sierra Forensic Group to identify compliance risks, evaluate program effectiveness, and strengthen its global anti-corruption framework.
SFG’s Role
Sierra Forensic Group conducted a comprehensive FCPA compliance assessment, evaluating the organization’s anti-corruption policies, governance framework, third-party risk management processes, and internal controls. Working closely with executive leadership and compliance personnel, our team identified opportunities to strengthen the company’s compliance program and reduce regulatory risk.
Our Approach
- Reviewed anti-corruption policies, procedures, and governance practices against FCPA leading practices.
- Assessed more than 70 third-party agents across multiple jurisdictions using a risk-based methodology.
- Evaluated due diligence documentation, contracts, and supporting records for indicators of elevated compliance risk.
- Conducted targeted interviews with key business and compliance stakeholders to assess program effectiveness.
- Identified control gaps, third-party risks, and opportunities to strengthen governance, monitoring, and oversight.
- Developed practical, risk-based recommendations to enhance the organization’s global anti-corruption compliance program.
Outcome
SFG’s assessment identified key compliance risks and opportunities to strengthen the organization’s anti-corruption framework. Based on the assessment, the client enhanced third-party due diligence procedures, strengthened compliance controls, and implemented a prioritized remediation roadmap to improve governance and reduce global regulatory risk.
Services Provided
- FCPA Compliance Assessments
- Anti-Corruption Compliance
- Third-Party Risk Management
- Compliance Program Assessments
- Risk Assessments
- Internal Controls
- Executive Advisory