Voluntary Self-Disclosure of FCPA Violations Following Acquisition Avoids Corruption Charges
Government Contracts & Investigations
DECEMBER 6, 2023
The Foreign Corrupt Practices Act (“FCPA”) prohibits U.S. companies from engaging in bribery and corruption abroad when the payments are directed at foreign government officials to gain an improper business advantage. [4] 3] What is the FCPA? American companies acquiring foreign corporations need to assess the risks carefully.
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