FormerFeds, LLC announced today that it had released its Foreign Corrupt Practices Act Self-Assessment Module. The Assessment Module is free to use for any company that administers the software solution through its own legal department or through outside counsel.
The FCPA Assessment Module is currently being beta-tested by GeyerGorey LLP as part its beta test of a full-service compliance assessment solution that is forecasted to be released to law firms that will be selected in late Summer 2013.
The free FCPA Assessment Module (available today) is designed to measure FCPA risk at all levels of an organization within moments of conducting the assessment. The secure FCPA assessment module is cloud-based and can be accessed immediately from desktops or handheld devices by all employees in an organization. Results are tagged with customized privacy controls. Results are measured and extensive statistical analysis is automatically performed, gaps are identified and significant problems—known as “company busters”—are immediately brought to the attention of inside counsel or outside counsel. These notifications can be configured to protect the disclosure under attorney-client privilege, but still provide management with useful information it needs to make informed decisions based on the progress of the assessment and remediation efforts. Assessment responses can be measured and gaps can be identified and supplemental training can be targeted to problem areas. For a reasonable licensing fee, a follow-on assessment is then performed that captures and “locks-in” programmatic improvement. Each subsequent assessment can be customized and refined to the needs of the organization and additional customized modules can be added as needed.
The FCPA Assessment Module was designed by former American Enforcers (A/K/A”FormerFeds”) to allow companies to immediately assess their FCPA vulnerabilities with the assistance of inside legal counsel or an outside law firm.
FormerFeds LLC is headquartered in Cinnaminson, NJ and can be reached at [email protected] or at (856) 335-5708.
FormerFeds LLC
Suite 303
141 I Route 130 South
Cinnaminson, NJ 08077
This entry was posted in Press Releases on February 1, 2013.