Definition Of Bribery Under Fcpa

Enforcement action under the u s.

Definition of bribery under fcpa. The foreign corrupt practices act fcpa the act is a united states law that prohibits u s. Anti bribery provisions under the fcpa account for the fact that bribery may come in many forms and sizes therefore a violation may include anything of value. Foreign corrupt practices act fcpa continues to become more rigorous and the magnitude of fines is rising every year. Under the fcpa anti bribery provisions a foreign individual or entity that takes part in a corrupt financial business transaction while in the united states or its territories is subject to prosecution for such acts.

While the most obvious form of bribery is the direct exchange of cash it may also come by various means. Firms and individuals from paying bribes to foreign officials to further business deals.