Monday, April 24, 2017

Strategies for Complying with Anti-Corruption Rules


Government contracting can be highly rewarding in Saudi Arabia, given the wide-ranging opportunities in defense, education and healthcare. At the same time, however, companies doing business there need to be mindful of the anti-corruption rules and practices of not only their home jurisdictions, but also the Saudi legal framework. Moreover, investors must be conscious of the particularities of Saudi culture and politics, where the head of a company with whom they are negotiating may be a member of the Royal Family, or where an intermediary in a government contract may be one of the monarchy’s thousands of princes. Investors doing business in Saudi Arabia must understand this local context in order to avoid the unwitting payment to a “government official.”


My colleague Amgad Husein and I recently wrote a commentary on complying with Saudi Arabia’s anti-corruption rules. The piece, published by the Global Mobility Review, can be viewed at http://www.globalmobilityreview.com/strategies-for-complying-with-anti-corruption-rules-in-saudi-arabia.

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