Is Your Business Affected by the US FCPA? Are You Sure?
David S. Krakoff & James T. Parkinson
February 25, 2010
Americans have an expression, “you can’t escape the long arm of the law,” and when it comes to the United States Foreign Corrupt Practices Act (the “FCPA”), this is especially true. Many companies operating in Asia are subject to the FCPA, some of whom may not even know it, and an even greater number of companies are affected by the FCPA because of their dealing with companies who are subject to it. Increased enforcement in recent years, along with escalating penalties, make it ever more critical that businesses in the region understand how the FCPA may affect them. In addition, unique business and cultural customs in various Asian markets means compliance can require even greater vigilance. Read on to find out how you may be affected.