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Risky Business: The unexpectedly broad application of the FCPA's "business purpose" element.

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Companies and individuals subject to the U.S. Foreign Corrupt Practices Act (FCPA) often misunderstand the scope of subject activity. They assume that bribes are illegal only if they relate to a company’s core business. By ignoring compliance in other areas of their business, like managing tax liabilities or setting up business registrations in new markets, they expose themselves to important risk.


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Published In: Business Organization Updates, Criminal Law Updates, International Law & Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Matteson Ellis, Matteson Ellis Law, PLLC | Attorney Advertising

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