What is FCPA?
The FCPA prohibits the offer, payment or promise of “anything of value” to a foreign official with the corrupt intent of obtaining or retaining business.
- This violation is not limited only to activities overseas. -- Applies also to actions taken in the U.S. that would further the corruption of a foreign official.
- An FCPA violation occurs where the inducer offers or promises a payment. -- Whether it is paid is irrelevant. It is the offer or promise that is considered a violation.