The Foreign Corrupt Practics Act- The Legal Issues Facing U.S. Companies

One only need look at the financial pages to see that transnational bribery has gained the attention of enforcement authorities around the world. Within the past year, stories involving companies in the United Kingdom, Germany, Italy, Switzerland, China, Japan and Korea, to name a few, have been common place. In the United States, the Foreign Corrupt Practices Act (FCPA or Act) celebrated its 30th birthday on December 19th, and, as practitioners will attest, prosecutions and investigations under the Act involving companies and individuals have picked up in recent years at an astonishing rate.

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