Earlier last month, the U.S. Department of Justice (“DOJ”) and the U.S. Securities and Exchange Commission (“SEC”) released an updated edition of their joint Foreign Corrupt Practices Act (“FCPA”) guidance document. Entitled “A Resource Guide to the U.S. Foreign Corrupt Practices Act” (the “Guide”), this second edition includes several important updates to the original version published in 2012. This new edition reflects a continuing effort by both the DOJ and SEC to transparently provide as much information as possible to companies and their counsel on how to effectively navigate FCPA issues. The Guide is intended to provide users detailed information about the requirements of the FCPA, while also offering insight into DOJ and SEC enforcement practices. In the words of those agencies, the Guide “represents one of the most thorough compilations of information about any criminal statute."
Click here to read the entire article.