GUEST COLUMN: Smaller companies, bigger risks

In our increasingly global economy, many previously regional companies in Western New York and elsewhere find themselves — whether by design or necessity — doing business in the international arena and thus (perhaps unexpectedly) subject to the Foreign Corrupt Practices Act (15 U.S.C. Secs. 77 et seq.) and other international anti-corruption laws. Smaller and midsized businesses have become used to seeing reports of major corporations being called to account for alleged corruption under the…