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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

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US companies with foreign subsidiaries face numerous legal and practical challenges from a corporate governance perspective. A panel of experts outlined the legal issues and gave practical advice on managing your foreign subsidiaries in compliance with Sarbanes-Oxley and the Foreign Corrupt Practices Act. They also discussed how to manage foreign subsidiary issues, such as the liabilities and responsibilities of local officers and directors, working effectively with local counsel, and building a process that enables adequate involvement of the legal department in local operations.

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