Foreign Corrupt Practices Act (1977)

GPTKB entity

Statements (31)
Predicate Object
gptkbp:instanceOf gptkb:United_States_federal_law
gptkbp:amendedBy gptkb:International_Anti-Bribery_and_Fair_Competition_Act_of_1998
gptkbp:appliesTo gptkb:U.S._persons
U.S. companies
foreign companies listed on U.S. stock exchanges
gptkbp:category corporate law
securities law
anti-corruption law
gptkbp:citation gptkb:15_U.S.C._§§_78dd-1,_et_seq.
gptkbp:dateEnacted 1977
gptkbp:enactedBy gptkb:United_States_Congress
gptkbp:enforcedBy gptkb:U.S._Department_of_Justice
gptkb:U.S._Securities_and_Exchange_Commission
gptkbp:excludes facilitating payments
reasonable and bona fide expenditures
https://www.w3.org/2000/01/rdf-schema#label Foreign Corrupt Practices Act (1977)
gptkbp:penalty imprisonment
civil penalties
criminal fines
gptkbp:prohibits payments to foreign government officials for business advantage
gptkbp:purpose prohibit bribery of foreign officials
require accurate accounting records
gptkbp:relatedTo gptkb:Sarbanes-Oxley_Act
UK Bribery Act 2010
gptkbp:requires accurate books and records
internal accounting controls
gptkbp:section accounting provisions
anti-bribery provisions
gptkbp:signedBy gptkb:Jimmy_Carter
gptkbp:bfsParent gptkb:Lockheed_bribery_scandals_(1970s)
gptkbp:bfsLayer 6