Foreign Corrupt Practices Act
The Foreign Corrupt Practices Act of 1977 (FCPA) (15 U.S.C. § 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:
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—Stephen Vincent Benét (1898–1943)
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“Of all reformers Mr. Sentiment is the most powerful. It is incredible the number of evil practices he has put down: it is to be feared he will soon lack subjects, and that when he has made the working classes comfortable, and got bitter beer into proper-sized pint bottles, there will be nothing left for him to do.”
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“To act collectively is according to the spirit of our institutions.”
—Henry David Thoreau (1817–1862)