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:
“As the global expansion of Indian and Chinese restaurants suggests, xenophobia is directed against foreign people, not foreign cultural imports.”
—Eric J. Hobsbawm (b. 1917)
“Suspicion is not less an enemy to virtue than to happiness; he that is already corrupt is naturally suspicious, and he that becomes suspicious will quickly be corrupt.”
—Joseph Addison (1672–1719)
“Money made through dishonest practices will not last long.”
—Chinese proverb.
“The machine unmakes the man. Now that the machine is perfect, the engineer is nobody. Every new step in improving the engine restricts one more act of the engineer,—unteaches him.”
—Ralph Waldo Emerson (1803–1882)