Foreign Corrupt Practices Act

Foreign Corrupt Practices Act

The Foreign Corrupt Practices Act of 1977 (FCPA) (15 U.S.C. ยง 78dd-1, et seq.) is a United States federal law known primarily for two of its main provisions, one that addresses accounting transparency requirements under the Securities Exchange Act of 1934 and another concerning bribery of foreign officials.

Read more about Foreign Corrupt Practices Act:  Provisions and Scope, History, Requirements, Application

Famous quotes containing the words foreign, corrupt, practices and/or act:

    Go to foreign countries and you will get to know the good things one possesses at home.
    Johann Wolfgang Von Goethe (1749–1832)

    But men labor under a mistake. The better part of the man is soon ploughed into the soil for compost. By a seeming fate, commonly called necessity, they are employed, as it says in an old book, laying up treasures which moth and rust will corrupt and thieves break through and steal. It is a fool’s life, as they will find when they get to the end of it, if not before.
    Henry David Thoreau (1817–1862)

    They that have grown old in a single state are generally found to be morose, fretful and captious; tenacious of their own practices and maxims; soon offended by contradiction or negligence; and impatient of any association but with those that will watch their nod, and submit themselves to unlimited authority.
    Samuel Johnson (1709–1784)

    Holly: Oh, Brad, I’d do my act in clown alley or the horse stop for you. I’d do anything if it was just for you.
    Brad: Pigeon, look. Out under the sky you know how I feel about you. But under the Big Top one performer’s just like another to me.
    Fredric M. Frank (1911–1977)