Question

In FCPA matters, the following would be considered effective compliance program policies except:________.A. Dedicated resources for compliance of standards.B. Experienced personnel in compliance functions.C. Compliance personnel are independent of management.D. Unclear reporting structure for compliance personnel.

Answer 1

Answer:

A) Dedicated resources for compliance of standards.

Explanation:

As per the question, all the given options could be regarded as 'effective compliance program policies' except for the 'few dedicated resources for compliance of standards' in the matters of the Foreign Corrupt Practices Act as they are significant to ensure the standards of FCPA. The other three options display quite beneficial compliance program policies as 'experienced personnel in compliance functions' help in the effective functioning of the policies, 'the independence of compliance personnel in management' provide them with enough authority to make decisions and 'unclear reporting structure for compliance personnel' assists in producing effective reports. Thus, option A is the correct answer.