Beware Foreign Corrupt Practices Act Traps

• Posted by Law.com on July 24th, 2008


• Filed in Risk Management & Compliance

Companies in the United States often undertake extensive promotional activities to market and sell their products throughout the world. These efforts can include paying the expenses for customers to travel to company facilities. But there is the potential that the payments will run afoul of the Foreign Corrupt Practices Act. Attorneys Richard M. Strassberg and Kyle A. Wombolt discuss recent FCPA enforcement action involving promotional expenditures and outline some compliance best practices.

Beware Foreign Corrupt Practices Act Traps