There are few letters as anxiety provoking for a company as these four: FCPA. The U.S. Foreign Corrupt Practices Act has been around since 1977, but its application and enforcement are always growing and changing. Staving off potential corruption and bribery risks overseas has become particularly challenging for companies in an era where business is getting ever more global. But enforcement of the FCPA by the U.S. Department of Justice and the U.S. Securities and Exchange Commission isn’t slowing down either.
Law firm Mayer Brown recently released its midyear legal update on the FCPA, which reveals that there has been plenty happening on this front since 2014 began. A combination of new case law and developments in enforcement around the world can help in-house attorneys figure out how to update their strategies for dealing with FCPA risk.
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