FCPA AT A GLANCE -

The Foreign Corrupt Practices Act of 1977 (the “FCPA”) was enacted in the wake of Securities & Exchange Commission (“SEC”) investigations in the mid-1970’s during which hundreds of U.S. companies admitted to making hundreds of millions of dollars in questionable or illegal payments to foreign government officials, politicians, and political parties. The FCPA was the government’s attempt to rein in this behavior and, in conjunction with other countries that were passing similar laws, level the playing field of international business.