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Foreign Corrupt Practices Act (FCPA)

Foreign Corrupt Practices Act (FCPA)

Definition

Statute enacted by Congress to reduce questionable foreign payments made by United States corporations, foreign corporations subject to regulation by the Securities and Exchange Commission, and foreign corporations or representatives that further foreign bribery schemes while in United States territory. The FCPA’s anti-bribery provisions prohibit these actors from using federal mail or other forms of interstate commerce corruptly to influence foreign officials.

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