Foreign Corrupt Practices Act: An Update On Enforcement And SEC And DOJ Guidance

摘要

Expanding global commerce by U.S. securities issuers raises the potential for significant exposure to international corruption along with risks associated with anti-bribery laws. This article examines recent development related to the Foreign Corrupt Practices Act (FCPA), which has undergone a dramatic rise in enforcement during recent years. As the world continues to grow smaller and international business increases, corporate officers and directors must necessarily become familiar with the provisions of the FCPA. Failure to do so may put their companies and themselves at grave risk.