If it is a priority for the SEC, it should be a priority for you.
The Foreign Corrupt Practices Act is a federal law aimed at preventing the bribery of governmental officials of foreign nations by individuals and entities under the jurisdiction of the United States. Enacted in 1977, the act is unique because its goal is to govern the ethical and legal behavior of corporations and individuals doing business internationally.
The 2017 Executive Summary of the Foreign Corrupt Practices Act (FPCA) is all you need to know about this act in one, easy-to-read paper. Covering all three components of the statute – the anti-bribery prohibition, the record keeping requirements, and the requirement of internal controls of record keeping – this white paper will make sure you know and understand how the FCPA impacts your organization.