FCPA Prosecutions: Liability Trend to Watch (Foreign Corrupt Practices Act) - Stanford Law School

FCPA Prosecutions: Liability Trend to Watch (Foreign Corrupt Practices Act)

By Stanford Law School

  • Release Date: 2008-03-01
  • Genre: Law

Description

INTRODUCTION When it comes to compliance with the Foreign Corrupt Practices Act (FCPA), multinational companies that adopt a "don't ask, don't tell" policy may come to regret their hands-off approach. Compliance with the FCPA's laws against bribing foreign officials has recently come under increased scrutiny by the Securities and Exchange Commission (SEC), the United States Department of Justice (DOJ), and the plaintiffs' bar. At the same time, jurisdictions outside of the United States have also exhibited a renewed interest in enforcing their own FCPA-like laws.