The FCPA was enacted in 1977 with a two-pronged approach to addressing the problem of corrupt payments to foreign officials: (1) the anti-bribery provisions prohibit individuals and businesses from bribing foreign government officials in order to obtain or retain business and (2) the accounting provisions impose record keeping and internal control requirements on companies that deal with foreign governments and their agencies, and prohibit individuals and companies from knowingly falsifying their books. Anyone who is in a position to engage in business dealings with foreign officials must be aware of and abide by the Foreign Corrupt Practices Act (FCPA).
Available Courses in this Training Series
Anti-Corruption and Bribery
Audience: Anyone authorized to negotiate contracts or make payments to foreign officials.
Length: 45 minutes
This course is designed for personnel authorized to negotiate contracts with and make payments to foreign officials. It discusses key anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA) with the purpose of protecting individuals and their companies from accusations of corrupt payment to foreign officials along with the serious civil or criminal penalties that can ensue.