The American expression, “you can’t escape the long arm of the law,” is especially true when it comes to the United States Foreign Corrupt Practices Act (the “FCPA”). Many companies operating in Asia are subject to the FCPA, whether or not they know it, and an even greater number of companies are affected by the FCPA because of their dealing with companies who are subject to it. Increased enforcement in recent years, along with escalating penalties, make it ever more critical that businesses in the region understand how the FCPA may affect them. In addition, unique business and cultural customs in various Asian markets means compliance can require even greater vigilance. Read on to find out how you may be affected.
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