Bribing Foreign Government: But Who’s a ‘Foreign Official?’ FCPA to Get Key Test
This is a discussion on Bribing Foreign Government: But Who’s a ‘Foreign Official?’ FCPA to Get Key Test within the Law News forum, part of the FORUM INFORMATION category; One of the chief complaints concerning the FCPA is that the Justice Department has interpreted it too broadly. The law ...
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Feb 22nd, 2011, 03:50 PM
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Bribing Foreign Government: But Who’s a ‘Foreign Official?’ FCPA to Get Key Test
One of the chief complaints concerning the FCPA is that the Justice Department has interpreted it too broadly.
 The law bans corporations from bribing foreign government officials. DOJ has said the law applies to not just U.S. companies but any corporation that trade on U.S. exchanges. Its definition of a bribe is far from narrow and includes not just cash but presents or promises of payments. And its definition of “government officials” includes, say, doctors at state hospitals or construction workers at state mining operations. It appears that for the first time a federal judge will take on that notion next month. More... |
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