• New DOJ and SEC Foreign Corrupt Practices Act Guide a Useful Company Resource
  • November 26, 2012 | Authors: Mason A. Barney; Jeffrey A. Udell
  • Law Firm: Olshan Frome Wolosky LLP - New York Office
  • On November 14, 2012, the U.S. Department of Justice (“DOJ”) and the Enforcement Division of the U.S. Securities and Exchange Commission (“SEC”) released A Resource Guide to the U.S. Foreign Corrupt Practices Act (the “Guide”) -- a long awaited statement setting forth the policies and practices of the DOJ and SEC regarding the U.S. Foreign Corrupt Practices Act (“FCPA” or the “Act”). While the Guide does not establish any new policies or delineate any bright-line rules with respect to the more ambiguous provisions of the Act, it does provide a useful compendium of the Government’s existing FCPA policy.