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New FCPA guide will help U.S. firms to improve compliance, says Justice Department official

Nov 19 2012 Emmanuel Olaoye, Regulatory Intelligence

The Justice Department's new enforcement guide to the Foreign Corrupt Practices Act should help U.S. businesses to understand why the government brings cases under the anti-bribery law and help them understand how to improve their compliance, a top official in the Justice Department said on Friday. "Compliance officers and others have, over the years, worried out loud to me that their employees live in doubt. Does the cup of coffee they bought for a contracting official violate the FCPA? Will paying for a taxi for someone who might be a foreign official land them in prison? As you will see, the guide addresses those questions and many others," said Lanny A. Breuer, the assistant attorney general of the Justice Department. He was speaking at the American Conference Institute's 28th National Conference on the Foreign Corrupt Practices Act. Breuer's comments came two days after the US Justice Department and the Securities and Exchange Commission issued an anti-corruption guide that

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