2 edition of Requirements of the Foreign corrupt practices act and 1978 S.E.C. disclosure rules found in the catalog.
Requirements of the Foreign corrupt practices act and 1978 S.E.C. disclosure rules
|Statement||by Jeremy Bacon.|
|Series||Information bulletin - Conference Board ;, no. 55, Information bulletin (Conference Board) ;, no. 55.|
|LC Classifications||KF9351.Z9 B3|
|The Physical Object|
|Pagination||14 p. ;|
|Number of Pages||14|
|LC Control Number||79123535|
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Additional Physical Format: Online version: Bacon, Jeremy. Requirements of the Foreign corrupt practices act and S.E.C. disclosure rules.
New York: Conference Board, The Foreign Corrupt Practices Act (FCPA), enacted ingenerally prohibits the payment of bribes to foreign officials to assist in obtaining or retaining business. The FCPA can apply to prohibited conduct anywhere in the world and extends to publicly traded companies and their officers, directors, employees, stockholders, and agents.
The Foreign Corrupt Practices Act (FCPA) was the first effort by any nation to specifically criminalize the act of bribing foreign officials. The statute was enacted in the wake of the “Watergate” scandal in the United States, which led to the resignation of President Richard Nixon in and resulted in a dramatic plunge in Americans.
Foreign Corrupt Practices Act. Enacted by Congress in the aftermath of the Watergate scandal, the Foreign Corrupt Practices Act (FCPA) prohibited bribing foreign government officials, and required publicly-traded companies to maintain accounting and record-keeping systems to control the location of company assets.
That effort arrived with a letter to the Justice Department and the S.E.C. dated Feb. 19 on behalf of more than 30 business organizations. In it, the business lobbying group reiterated many of its criticisms of the Foreign Corrupt Practices Act and suggested changes to the law and guidance.
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