Foreign Corrupt Practices Act

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An amendment to the Securities Exchange Act created to sanction bribery of foreign officials by publicly held US companies.

Foreign Corrupt Practices Act

A 1977 amendment to the Securities Exchange Act that sets penalties for those engaging in bribery of foreign government officials or foreign personnel and that requires adequate records and internal controls in all publicly held companies.

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Securities Exchange Act of 1934

In particular, significant risks exist when companies neglect to monitor for violations of the Foreign Corrupt Practices Act (FCPA).

Don't let U.S. focus crimp oversight abroad: with increased SEC and ... by Olsen, William / Financial Executive

In May 2004, Schnitzer's compliance department reportedly uncovered the improper payments and began investigating the potential violations of the Foreign Corrupt Practices Act of 1977.

Schnitzer steel to pay $15.2 million in fines by Recycling Today

Totaling about $500,000, the payments were in direct violation of the Foreign Corrupt Practices Act.

CARDINAL TO CUT LOCAL STAFF MAJOR OPERATIONS WILL BE MOVED TO OHIO by Daily News (Los Angeles, CA)

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