Doing business overseas means learning new ways of negotiating. It also means understanding when an accepted and even expected “gift” to the other party will be considered a bribe under the U.S. Foreign Corrupt Practices Act (FCPA).
The second edition of Doing Business Under the Foreign Corrupt Practices Act provides vital legal and procedural information that helps corporations and attorneys:
- Develop internal compliance programs that detect and prevent illegalities
- Spot cautionary “red flags” and sidestep potential legal pitfalls in planned business steps
- Draft compliant business agreements and contracts using included model contract provisions
- Satisfy FCPA’s complicated accounting standards, and
- Avoid RICO violations, wire and mail fraud, and other legal missteps.
The number and size of recoveries under the FCPA have significantly grown, and the whistleblower provision in the Dodd-Frank Act increases potential recoveries for actions as well. Doing Business Under the Foreign Corrupt Practices Act
, Second Edition, updates readers on recent enforcement actions, reminding companies and their counsel of the harsh penalties for falsified books and records, mischaracterized payments, fictitious invoices, insufficient internal accounting controls, and other charges. This treatise is an invaluable resource for in-house and outside corporate counsel, corporate executives and managers, and anyone who is responsible for business relationships with overseas partners or customers.