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Foreign Corrupt Practices Act

 

We offer advice, guidance and counsel to companies who conduct business in foreign countries to assist them in complying with the Foreign Corrupt Practices Act (FCPA).  The provisions of the FCPA prohibit American companies from making corrupt payments to foreign officials for the purpose of obtaining or keeping business.  U.S. firms seeking to do business in foreign markets must be familiar with the FCPA.

The FCPA was intended to have and has had an enormous impact on the way American firms do business.  Several firms that paid bribes to foreign officials have been the subject of criminal and civil enforcement actions, resulting in large fines and suspension and debarment from federal procurement contracting, and their employees and officers have gone to jail. To avoid such consequences, companies conducting business in foreign countries should be thoroughly advised on the FCPA in order to implement compliance programs intended to prevent and to detect any improper payments by employees and agents.

We can help your company avoid the pitfalls of the Foreign Corrupt Practices Act by: (1) educating your employees and agents; (2) implementing compliance programs; and (3) assisting you in detecting improper payments by employees and agents.