Feds Issue Long-Awaited Guidance On FCPA

Law360, New York (November 14, 2012, 2:04 PM EST) -- U.S. federal regulators on Wednesday released a highly anticipated resource guide on the Foreign Corrupt Practices Act, aiming to clear up confusion among attorneys and corporations on how to comply with the anti-bribery law.

The Department of Justice and U.S. Securities and Exchange Commission jointly issued the 120-page guide one year after a senior DOJ official announced it was forthcoming. Attorneys have been clamoring for more details on what conduct is prohibited under the 1977 law, which generally bars companies from making or offering improper payments...
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