15 November 2012
Business Crime Solicitor on the Foreign and Corrupt Practices Act
The US DoJ and SEC have published a 120 page joint report giving guidance on how companies should conduct overseas business without breaching the Foreign and Corrupt Practices Act. The Act has wide territorial application and has routinely been used to prosecute non-US companies and individuals. UK businesses should therefore be aware of the guidance and ensure that its practices are consistent with it.