What Trade Groups Want From FCPA Guidance

Law360, New York ( March 21, 2012, 12:44 PM EDT) -- With the U.S. Department of Justice and the U.S. Securities and Exchange Commission bringing a record number of Foreign Corrupt Practices Act cases against U.S. companies, their foreign subsidiaries and their officers, directors, and employees, compliance with the FCPA is a critical component to being a responsible government contractor. However, government contractors and other companies that do business overseas continue to struggle with the vagaries of this statute and the government's enforcement standards....

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