Energy companies operating internationally face more than down-hole problems. Every energy executive and board member should be aware of the Foreign Corrupt Practices Act’s reach. Unfortunately, bribery is an acceptable business practice in some cultures. The mentality of those doing business on foreign soil used to be “when you are doing business there, you play by their rules; when in Rome …” Times have changed.
The scope of regulatory jurisdiction (and FCPA prosecution) over companies with a connection to the United States has broadened significantly. In addition, new business opportunities in Mexico, Cuba, and other countries also create significant FCPA vulnerabilities. Here are some primers for navigating the FCPA.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
