TEXT: THE FOREIGN CORRUPT PRACTICES ACT ("FCPA", 15 USC 78dd et seq.) (Law prohibits U.S. companies or individuals from bribing foreign officials)

Washington -- The FCPA was passed by the United States Congress in 1977. This law prohibits any U.S. person or its agent to offer, pay, or promise to pay any foreign official, political party or political candidate for the purposes of influencing, obtaining or retaining business. The law applies to all companies which have stock registered with the Securities and Exchange Commission.


§ 78dd-1. Prohibited foreign trade practices by issuers


§ 78dd-2. Prohibited foreign trade practices by domestic concerns