FCPA Attys Leery As DOJ Drags Feet On Guidance

Law360, New York (October 2, 2012, 6:48 PM EDT) -- The U.S. Department of Justice has for months kept corporations waiting on a compliance guide for the Foreign Corrupt Practices Act, sowing frustration among lawyers and sparking predictions the anti-bribery document will be a dud.

The guidance, first announced in November by a top DOJ official, is meant to give companies a road map for complying with the FCPA, a 1977 law that prohibits companies from making or offering improper payments to foreign governments in order to secure business.

A department spokeswoman said Tuesday the guidance...
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