Interactive
Foreign Corrupt Practices Act
Learn to describe the history behind The Foreign Corrupt Practices Act (FCPA) and why it was established.
Magnifi Group
Updated Jun 09, 2020The Foreign Corrupt Practices Act of 1977 (FCPA) 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. FCPA was enacted primarily for the purpose of making it unlawful for certain classes of persons and entities to make payments to foreign government officials (including publicly-funded health care professionals) to assist in obtaining or retaining business.
