FCPA

The Foreign Corrupt Practices Act is federal law prohibiting payments to foreign officials to obtain or retain business. FCPA compliance is essential for contractors engaged in international business, including Foreign Military Sales and overseas contract performance.

FCPA violations can result in severe criminal and civil penalties, debarment, and reputational damage. Understanding FCPA requirements helps contractors develop compliant international business practices. FCPA compliance programs should address agent relationships, gifts, and facilitation payments.