Definition
Foreign Corruption Practices Act Definition
The Foreign Corrupt Practices Act (FCPA) is a United States federal law enacted in 1977. The FCPA is designed to prevent and detect bribery, money laundering, and other forms of corruption of public officials. The Act also prohibits companies and individuals from providing bribes to foreign officials in exchange for business advantages. The FCPA applies to all persons and entities that are subject to the jurisdiction of the United States, including the U.S. government, companies, and individuals. The FCPA applies to activities occurring in the United States and abroad.
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