Foreign Corrupt Practices Act (FCPA)

The Foreign Corrupt Practices Act of 1977, as amended, 15 U.S.C. §§ 78dd-1, et seq. ("FCPA"), prohibits American companies and their employees and agents from giving “anything of value” to “foreign officials” in order to obtain or retain business. Despite its more than 30-year history, there is vast disagreement and uncertainty about the meaning of many of the key provisions of the FCPA.