As more business operations and transactions continue to cross international borders, the ability of a law department to understand and apply the laws of different countries becomes increasingly important. But the crucial starting point for U.S. companies doing business overseas is right at home: the Foreign Corrupt Practices Act of 1977, which sets strict guidelines for anti-bribery and accounting in trans-national settings.
[via 10 Big FCPA Compliance Tips for Small Legal Departments.]
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