FCPA

The Foreign Corrupt Practices Act (FCPA) is a U.S. law that makes it illegal for companies and their employees to bribe foreign officials to gain an unfair business advantage. It also requires companies to keep accurate financial records and maintain internal controls to prevent corruption. The law aims to promote ethical business practices globally and prevent the use of illicit payments to influence official decisions that could harm fair competition. In essence, the FCPA helps ensure that business success is based on merit and transparency, not corruption or illegal influence.