Monday, July 16, 2018

Learn how to do business in the Caribbean Region and comply with the Foreign Corrupt Practices Act.

The Foreign Corrupt Practices Act of 1977, was enacted for the purpose of making it unlawful for certain classes of persons and entities to make payments to foreign government officials to assist in obtaining or retaining business.

Since 1977, the anti-bribery provisions of the FCPA have applied to all U.S. persons and certain foreign issuers of securities. With the enactment of certain amendments in 1998, the anti-bribery provisions of the FCPA now also apply to foreign firms and persons who cause, directly or through agents, an act in furtherance of such a corrupt payment to take place within the territory of the United States.

The U.S. Commercial Service is offer a webinar "Foreign Corrupt Practices Act (FCPA) and its effect on doing business in the Caribbean on August 22nd, 2018.

Register at https://emenuapps.ita.doc.gov/ePublic/event/editWebReg.do?SmartCode=8QFQ

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