US Foreign Corrupt Practices Act (FCPA)
Anti-bribery provisions (15 U.S.C. 78dd-1 to 78dd-3) – US Foreign Corrupt Practices Act (FCPA)

US Foreign Corrupt Practices Act (FCPA) B-1: Never offer, pay, promise or authorise anything of value to a foreign official to obtain or retain business

What does B-1 require?

Issuers, domestic concerns and persons acting in US territory, and their officers, directors, employees, agents and stockholders acting for them, must not corruptly use the mails or interstate commerce (or, for 78dd-3, any act in US territory) in furtherance of an offer, payment, promise or authorisation of money or anything of value to a foreign official, foreign political party, party official or candidate to influence an official act, induce a breach of duty, secure an improper advantage or induce use of influence, in order to obtain or retain business for anyone.

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

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