Results for tag: "Foreign Corrupt Practices Act"

The Foreign Corrupt Practices Act (FCPA) is a United States federal law that prohibits companies and individuals from bribing foreign officials to gain a business advantage. It was enacted in 1977 and is enforced by the U.S. Department of Justice and the U.S. Securities and Exchange Commission. The FCPA applies to all U.S. companies and individuals, as well as foreign companies and individuals who are listed on U.S. stock exchanges. It also applies to foreign companies and individuals who are involved in certain activities in the U.S. The FCPA market is composed of companies and individuals who are subject to the FCPA and must comply with its regulations. These companies and individuals must ensure that their business practices are in line with the FCPA and that they are not engaging in any corrupt activities. Companies must also have internal controls in place to ensure compliance with the FCPA. Some companies in the FCPA market include Microsoft, Apple, Amazon, Walmart, ExxonMobil, Chevron, and Pfizer. Show Less Read more