The Foreign Corrupt Practices Act

Directors and officers are exposed to personal loss under the FCPA because not only does the FCPA expressly prohibit corporate indemnification, but also there are several D&O policy provisions that may serve to bar coverage for FCPA-assessed fines and penalties.

14 minute read May 26, 2010 at 04:14 PM
By
Nancy D. Adams And Alec J. Zadek
The Foreign Corrupt Practices Act

The Foreign Corrupt Practices Act (“FCPA”) prohibits any U.S. citizen, resident, national, or corporation from bribing foreign politicians or government officials. In the last five years, there have been two noticeable FCPA trends: 1) increased enforcement; and 2) increased sanctions.

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