X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The Foreign Corrupt Practices Act—the first law to outlaw bribing foreign officials—has two main prohibitions. The anti-bribery provisions prohibit the offering or payment of anything of value to foreign officials to influence their acts or decisions for the purposes of obtaining or retaining business. 15 U.S.C. §§78dd-1, 78dd-2, 78dd-3. The accounting provisions require that “issuers” (companies listed on a U.S. exchange or required to file reports with the SEC) keep records which “in reasonable detail” accurately and fairly reflect transactions and also maintain a system of internal accounting controls sufficient to provide “reasonable assurances” that transactions are authorized and recorded properly. 15 U.S.C. §78m(b)(2).

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com

Lean Adviser Legal

Think Lean Daily Message

"For law firms afraid of having their bills challenged or, worse still, being sued by clients, the ultimate safety measure is doing the work effectively, efficiently, and transparently."

Learn More

 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.