What Trade Groups Want From FCPA Guidance

Law360, New York (March 21, 2012, 12:44 PM EDT) -- With the U.S. Department of Justice and the U.S. Securities and Exchange Commission bringing a record number of Foreign Corrupt Practices Act cases against U.S. companies, their foreign subsidiaries and their officers, directors, and employees, compliance with the FCPA is a critical component to being a responsible government contractor. However, government contractors and other companies that do business overseas continue to struggle with the vagaries of this statute and the government’s enforcement standards.

On Nov. 8, 2011, Assistant Attorney General Lanny Breuer promised in a speech...
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