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Larry Parsons, CCEP
Vice President, Business Conduct and Ethics,
Freescale Semiconductor, Inc.
The subject of gifts and entertainment is important because of general conflict of interest issues and the need
to comply with FCPA and similar conventions and standards
outside the U.S. Freescale Semiconductor, Inc. a
company with over 25,000 employees in 30 countries,
recently revised its gift and entertainment policy. Learn
about the processes used to update the policy, including
benchmarking, legal review, cultural consideration, auditing
compliance with the policy, incorporating management
and employee input, and communicating the new
policy to internal and external audiences.
- Overview of FCPA and other legal authority impacting
gift giving and receiving
- Identification of some specific cultural variations in
gifts and entertainment
- Summary of benchmarking results on gift and entertainment
policies
- Discussion of coordination with your Internal Audit
function
- The opportunity to share best practices in the area of
gift and entertainment policies
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