For corporate counsel whose clients do any business internationally, the U.S. Foreign Corrupt Practices Act (“FCPA”) recently has become a pressing issue. U.S. Department of Justice (“DOJ”) officials have stated
FCPA Compliance Now Essential for All Companies That Do Business Internationally
U.S. Department of Justice ("DOJ") officials have stated that enforcing the FCPA has become one of the DOJ's top priorities. Since mid-December, companies have paid more than $1.3 billion to settle FCPA charges. Multiple executives have also recently pleaded guilty to FCPA violations and are facing years in prison and/or millions in financial penalties.
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