The Foreign Corrupt Practices Act (“FCPA”) is a U.S. federal law enacted in 1977 that focuses on anti-bribery provisions and also addresses associated accounting practices.  The FCPA anti-bribery provisions apply to all U.S. persons and certain foreign issuers of securities and broadly prohibit any corrupt payment or promise of payment to a foreign official to influence that official to assist in obtaining, retaining, or directing business to any person.  Since the enactment of certain amendments in 1998, the FCPA anti-bribery provisions also apply to foreign firms and persons who directly or through their agents act in furtherance of any such corrupt payment that is to take place within the United States.
Continue Reading FCPA Resource Guide Update