Recent years have seen a proliferation of anti-bribery laws and a sharp rise in enforcement activity. While the U.S. Foreign Corrupt Practices Act once stood alone in criminalizing bribery of foreign government officials, today dozens of countries have adopted similar transnational bribery laws to comply with their obligations under a series of international anti-corruption treaties. Despite substantial overlap in these laws, there are important distinctions from a legal and compliance perspective. These global anti-corruption developments are pertinent to extractive compa nies, which interact with government at every turn and increasingly are developing resources in countries with weak governance and high levels of corruption.
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