A resource guide to the us foreign corrupt practices act the foreign corrupt practices act fcpa is a critically important statute for combating corruption around the globe corruption has corrosive effects on democratic institutions undermining public accountability and diverting public resources from impor. Release 2 of doing business under the foreign corrupt practices act remains an invaluable handbook for in house and outside corporate counsel corporate executives and managers compliance officers ac countants financial advisers and regulators highlights of release 2 include o june 2015 revisions to the resource guide to the us foreign. Doing business overseas means learning new ways of negotiating it also means understanding whenan accepted and even expected gift to the other party will be considered a bribe under the us foreigncorrupt practices act fcpathe new second edition of doing business under the foreign corrupt practices act gives you that vital legal and procedural information. The foreign corrupt practices act applies to all companies doing business abroad a true b false answer false the only types of transactions covered under the foreign corrupt practices act are those that involve contracts with foreign governments a true b false answer false. Authored by stephen clayton esq in transition the foreign corrupt practices act 15 usc 78dd 1 15 usc 78mb2a and bof 1977 is a well established us law which impacts every us company which does business outside the usa
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