Foreign Corrupt Practices Act
Entering into new markets has several risks that must be identified and mitigated. One of the risks that US businesses face as they seek to expand overseas is potential violations of the 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. The act was amended in 1988 and in 1998. How does your firm mitigate the risk of doing business with individuals who may represent a violation of FCPA. By employing a third party investigator to verify the status of foreign teaming or joint venture partners you are mitigating the risk of a very costly FBI or Department of Justice investigation into potential violations of the FCPA.
We can deploy a collection team to provide a full disclosure of targeted family relationships, government connections or the existence of any undue influence. We can conclusively determine if there is any solicitation of bribes or transaction based on quid pro quo transaction on behalf of your firm or your firm’s employees.