Canada’s Anti-Corruption Efforts Increase Risk For Cos.
October 16, 2013, 6:37 PM EDT
Law360, New York (October 16, 2013, 6:37 PM EDT) -- Over the past decade, the U.S. government has levied billions of dollars in penalties in connection with enforcement actions involving violations of the U.S. Foreign Corrupt Practices Act, the very broad U.S. law that criminalizes the payment of bribes by U.S. citizens and corporations to government officials anywhere in the world.
Many countries have enhanced their anti-corruption laws in the wake of this increased enforcement activity against some of the world’s largest and most well-known companies. Canada is among the latest.