On November 14, 2012, the U.S. Department of Justice (DOJ) and the Securities Exchange Commission (SEC) published a 120-page guide document covering the U.S. Foreign Corrupt Practices Act (FCPA), which is available to all businesses on the SEC website.
The DOJ and SEC note that "this guide is designed to provide practical advice about, and useful insights into, our enforcement considerations. For businesses desiring to compete fairly in foreign markets, it is our goal to maximize those businesses’ ability to comply with the FCPA in the most effective and efficient way suitable to their business and the markets in which they operate."
The document provides information on the following subjects:
- FCPA Historical Background
- Anti-Bribery Provisions
- Accounting Provisions
- Guiding Principles of Enforcement
- Penalties, Sanctions, and Remedies
- Resolutions
The link to the FCPA guide can be found online here.
