It would be difficult to overstate how important it is for companies that are engaged in international trade to comply with the Foreign Corrupt Practices Act (FCPA) today.
Enforcing the FCPA is now a top priority of U.S. law enforcement agencies, which have recently increased their efforts at a considerable pace. International anticorruption efforts are also increasing. As a result, companies that commit FCPA violations face significant monetary penalties, and their executives and employees also risk jail time. The FCPA was passed by the Congress in 1977. The statute was little-used for quite some time. But that has radically changed.
Complying with the FCPA
