A Resource Guide to the U.S. Foreign Corrupt Practices Act (FCPA): Anti-Bribery Provisions, Definitions, Payments to Third Parties, Extortion, Accounting, Reporting, Anti-Fraud Violations, Penalties

Business & Finance, Business Reference, Business Ethics, Nonfiction, Social & Cultural Studies, True Crime
Cover of the book A Resource Guide to the U.S. Foreign Corrupt Practices Act (FCPA): Anti-Bribery Provisions, Definitions, Payments to Third Parties, Extortion, Accounting, Reporting, Anti-Fraud Violations, Penalties by Progressive Management, Progressive Management
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Progressive Management ISBN: 9781310005022
Publisher: Progressive Management Publication: October 9, 2014
Imprint: Smashwords Edition Language: English
Author: Progressive Management
ISBN: 9781310005022
Publisher: Progressive Management
Publication: October 9, 2014
Imprint: Smashwords Edition
Language: English

This guide is intended to provide information for businesses and individuals regarding the U.S. Foreign Corrupt Practices Act (FCPA). The guide has been prepared by the staff of the Criminal Division of the U.S. Department of Justice and the Enforcement Division of the U.S. Securities and Exchange Commission. It is non-binding, informal, and summary in nature, and the information contained herein does not constitute rules or regulations.

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 important priorities such as health, education, and infrastructure. When business is won or lost based on how much a company is willing to pay in bribes rather than on the quality of its products and services, law-abiding companies are placed at a competitive disadvantage—and consumers lose. For these and other reasons, enforcing the FCPA is a continuing priority at the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC).

The Guide is the product of extensive efforts by experts at DOJ and SEC, and has benefited from valuable input from the Departments of Commerce and State. It endeavors to provide helpful information to enterprises of all shapes and sizes— from small businesses doing their first transactions abroad to multi-national corporations with subsidiaries around the world. The Guide addresses a wide variety of topics, including who and what is covered by the FCPA's anti-bribery and accounting provisions; the definition of a "foreign official"; what constitute proper and improper gifts, travel and entertainment expenses; the nature of facilitating payments; how successor liability applies in the mergers and acquisitions context; the hallmarks of an effective corporate compliance program; and the different types of civil and criminal resolutions available in the FCPA context. On these and other topics, the Guide takes a multi-faceted approach, setting forth in detail the statutory requirements while also providing insight into DOJ and SEC enforcement practices through hypotheticals, examples of enforcement actions and anonymized declinations, and summaries of applicable case law and DOJ opinion releases. The Guide is an unprecedented undertaking by DoJ and SEC to provide the public with detailed information about our FCPA enforcement approach and priorities.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This guide is intended to provide information for businesses and individuals regarding the U.S. Foreign Corrupt Practices Act (FCPA). The guide has been prepared by the staff of the Criminal Division of the U.S. Department of Justice and the Enforcement Division of the U.S. Securities and Exchange Commission. It is non-binding, informal, and summary in nature, and the information contained herein does not constitute rules or regulations.

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 important priorities such as health, education, and infrastructure. When business is won or lost based on how much a company is willing to pay in bribes rather than on the quality of its products and services, law-abiding companies are placed at a competitive disadvantage—and consumers lose. For these and other reasons, enforcing the FCPA is a continuing priority at the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC).

The Guide is the product of extensive efforts by experts at DOJ and SEC, and has benefited from valuable input from the Departments of Commerce and State. It endeavors to provide helpful information to enterprises of all shapes and sizes— from small businesses doing their first transactions abroad to multi-national corporations with subsidiaries around the world. The Guide addresses a wide variety of topics, including who and what is covered by the FCPA's anti-bribery and accounting provisions; the definition of a "foreign official"; what constitute proper and improper gifts, travel and entertainment expenses; the nature of facilitating payments; how successor liability applies in the mergers and acquisitions context; the hallmarks of an effective corporate compliance program; and the different types of civil and criminal resolutions available in the FCPA context. On these and other topics, the Guide takes a multi-faceted approach, setting forth in detail the statutory requirements while also providing insight into DOJ and SEC enforcement practices through hypotheticals, examples of enforcement actions and anonymized declinations, and summaries of applicable case law and DOJ opinion releases. The Guide is an unprecedented undertaking by DoJ and SEC to provide the public with detailed information about our FCPA enforcement approach and priorities.

More books from Progressive Management

Cover of the book Computers Take Flight: A History of NASA's Pioneering Digital Fly-By-Wire Project - Apollo and Shuttle Computers, Airplanes, Software and Reliability (NASA SP-2000-4224) by Progressive Management
Cover of the book Islamic State (ISIS) Recruiting in the West: How Dabiq Magazine Frames Recruitment Messages to Appeal to Westerners - Jihadi Terrorism Movement in Iraq and Syria, bin Laden, al-Qaeda and the Taliban by Progressive Management
Cover of the book Military Testing Facilities and Equipment - Army Natick Soldier RD and E Center (NSRDEC): Human Systems, Clothing, Engineering, Polymer, Mechanical Testing and Analysis, Applied Science, Food by Progressive Management
Cover of the book Libya: Federal Research Study and Country Profile with Comprehensive Information, History, and Analysis - Politics, Economy, Military - Muammar al Qadhafi by Progressive Management
Cover of the book Political Revolution and Social Communication Technologies: Assessment of Relationship Between Cell Phone Use, Democratic and Autocratic Revolutions from 1980 to 2015 by Progressive Management
Cover of the book 21st Century Adult Cancer Sourcebook: Melanoma (Skin Cancer) - Clinical Data for Patients, Families, and Physicians by Progressive Management
Cover of the book Marines in the Korean War Commemorative Series: Stalemate, U.S. Marines from Bunker Hill to the Hook, 1st Marine Division, Imjin River, Kimpo Peninsula, Medal of Honor Winners, General Selden by Progressive Management
Cover of the book 2014 Ukraine and Crimea Crisis: The Crimean Tatars and Their Influence on the Triangle Of Conflict - Russia - Crimea - Ukraine, History of Crimea, Sevastopol, Russian Black Sea Fleet by Progressive Management
Cover of the book Seeing Off the Bear: Anglo-American Air Power Cooperation During the Cold War - Missiles, Ground-Launched Cruise Missiles, RAF Aircraft, Skybolt, Overflying the Soviet Union, Cuban Missile Crisis by Progressive Management
Cover of the book Preparing for the Future: Developing an Adaptive Army in a Time of Peace, 1918-1941 - Between World War I and II, Fort Leavenworth Instruction, Large-Scale Maneuvers and Protective Mobilization Plan by Progressive Management
Cover of the book Confronting the Ghost of Stalin: Euro-Atlantic Efforts to Secure Georgia - NATO Enlargement, Russia and Putin, Caucasian Legacy, Transcaucasus, Abkhazia, South Ossetia, Pankisi Gorge, Tsitelubani by Progressive Management
Cover of the book Nunn: Lugar Cooperative Threat Reduction Program: Origins of Nuclear Weapons Control Initiative, Soviet Union, Beyond Nunn - Lugar: Curbing Next Wave of Weapons Proliferation Threats From Russia by Progressive Management
Cover of the book Inside the International Space Station (ISS): NASA International Space Station Familiarization Astronaut Training Manual - Comprehensive Review of ISS Systems by Progressive Management
Cover of the book Culture Wars: Air Force Culture and Civil - Military Relations - USAF History on Dealing with National Policy, Case Studies of Operation Desert Storm and Northern/Southern Watch, Decade of Quasi-War by Progressive Management
Cover of the book History of the Rocky Flats Plant: Nuclear Weapons Production Facility, Colorado, Atomic Bomb Components, Plutonium Contamination Issues, Environmental and Safety Concerns, Shutdown and Cleanup by Progressive Management
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy