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Foreign Corrupt Practices Act (FCPA)

15 U.S.C. §§ 78dd-1, et seq.

 

Corporations that abuse human rights and the environment across borders also often engage in corrupt business practices in violation of law. In some cases, corruption may be directly connected to the human rights abuses. While there is a dwindling set of legal tools for corporate accountability on human rights alone, international and domestic anticorruption frameworks are robust, and some laws and regulations, like the U.S. Foreign Corrupt Practices Act (FCPA) (15 U.S.C. §§ 78dd-1, et seq.), apply specifically to corruption committed overseas. The FCPA prohibits payments and promises of payments to foreign officials for business purposes. The federal statute applies to all U.S. companies and certain foreign issuers of securities. This strategy considers how the FCPA can be leveraged to hold corporations that violate human rights accountable for abuses connected to corruption. 

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The Idea Bank and Brief Bank are projects of Corporate Accountability Lab.

 

No research included in the Idea Bank or Brief Bank represents any organizational or personal position. Neither Corporate Accountability Lab nor any participating member recommends or endorses any specific strategy named in the Idea Bank or Brief Bank or attests to the timeliness of the research or viability of any idea included in the repository.

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