U.S. Department of Justice and Securities and Exchange Commission Release FCPA Guidance Manual
November 14th, 2012
Today, the U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC) released long-awaited guidance on Foreign Corrupt Practices Act (FCPA) enforcement. The FCPA prohibits U.S. multinationals from bribing foreign officials in almost all cases. It is considered the keystone anti-bribery law in the world, and has been vigorously enforced over the past decade by the U.S. Department of Justice, after a spotty record of enforcement since its 1977 passage.
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