40 Years Of FCPA: Cross-Border Efforts And Growing Risk
By Patrick Stokes and Zachariah Lloyd (December 12, 2017, 2:45 PM EST) -- Leading up to the 40th anniversary of the Foreign Corrupt Practices Act on Dec. 19, this Expert Analysis series features reflections from attorneys who have played a role in the evolution of FCPA enforcement, defense and compliance.
Zachariah Lloyd Enacted in 1977 in the wake of Watergate and congressional findings that numerous U.S. companies paid millions of dollars to foreign officials to secure business, the Foreign Corrupt Practices Act showed only hints of its potential over the next two decades. The 2000s, however, saw this pioneering statute begin to reveal its expansive possibilities, as U.S. Department of Justice and...
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