In this episode of Signals, Nick Mazing sits down with Parth Chanda from Lextegrity. They dive deep into data and its role in preventing corruption in global organizations. Experts estimate that 5% of an organization's revenue is lost to fraud and corruption. Data, as they discuss, is a powerful tool to combat this.
The conversation then shifts to the Foreign Corrupt Practices Act (FCPA), a fundamental US law prohibiting transnational corruption. Its enforcement has far-reaching implications, affecting US-based companies and those interacting with US capital markets.