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Foreign Corrupt Practices Act of 1977 (FCPA): Anti-Bribery and Books & Records Provisions

The FCPA prohibits U.S. persons and entities from offering, paying, or promising anything of value to foreign officials to obtain or retain business (15…

What Foreign Corrupt Practices Act of 1977 (FCPA): Anti-Bribery and Books & Records Provisions requires

The FCPA prohibits U.S. persons and entities from offering, paying, or promising anything of value to foreign officials to obtain or retain business (15 U.S.C. §§ 78dd-1, et seq.). It also mandates that issuers maintain accurate books and records and devise a system of internal accounting controls (15 U.S.C. § 78m(b)).

Pillar: Financial Crime, AML & Sanctions · Authority: U.S. Department of Justice (DOJ) and U.S. Securities and Exchange Commission (SEC) · Version: 1.0.0 · Last updated:

Primary source: https://www.justice.gov/criminal-fraud/foreign-corrupt-practices-act

SHA-256 integrity: c9c6c1a744b7c37f53c0ed85cc5ed4a7f5d42e525e5ca52bd2d69fd1a9402be3

Primary Citations — 7 traced to source

  • 15 U.S.C. § 78dd-1 - Prohibited foreign trade practices by issuers
  • 15 U.S.C. § 78dd-2 - Prohibited foreign trade practices by domestic concerns

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