Conducting Business in a Global Society: A Guide to the FCPA
11:00 a.m. - Noon EST
Enacted by Congress in 1977, the Foreign Corrupt Practices Act (FCPA) was designed as a means to stop the bribery of foreign officials and was an attempt to change the way U.S. firms conducted business overseas.
More than 30 years later, FCPA enforcement is at its peak – and only continues to get stronger. In 2010, there was a two-fold increase in enforcement actions over the prior record set just one year earlier in 2009.
Don't miss this free webinar covering the basics of compliance with the FCPA. Our speakers will discuss:
- The Act's anti-bribery provision concerning foreign public officials, including potential red flags, definition of a "violator," understanding corrupt intent and related civil and criminal penalties
- The requirement of publicly traded companies to maintain adequate systems of internal accounting controls and keep proper accounting standards that provide an accurate and fair reflection of the corporation's transactions – also known as the FCPA's "books and records" provision