To determine your legal requirements in terms of compliance with the Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act, it is advised that you follow one of these links: http://www.justice.gov/criminal/fraud/fcpa/ http://www.legislation.gov.uk/ukpga/2010/23/contents
However, in simple terms, if you are an American company listed on the New York Stock Exchange and you have employees working in foreign countries who might bribe foreign officials for business purposes, then you will be at risk. If you are a British company or British national working for a company in a foreign country, and you make payments or give bribes to any individuals, your company could be prosecuted under the UK Bribery Act.
Posted in: Corporate Intelligence
