Search results
Results from the Tech24 Deals Content Network
The Foreign Corrupt Practices Act of 1977 ( FCPA) ( 15 U.S.C. § 78dd-1, et seq.) is a United States federal law that prohibits U.S. citizens and entities from bribing foreign government officials to benefit their business interests. [ 1]
Hewlett-Packard spying scandal. The media descended upon HP headquarters on September 22, 2006. On September 5, 2006, Newsweek revealed [ 1] that the general counsel of Hewlett-Packard, at the behest of HP chairwoman Patricia Dunn, had contracted a team of independent security experts to investigate board members and several journalists in ...
An Act providing for publicity of contributions made for the purpose of influencing elections at which Representatives in Congress are elected. The Federal Corrupt Practices Act, also known as the Publicity Act, was a federal law of the United States that was enacted in 1910 and amended in 1911 and 1925. It remained the nation's primary law ...
A daily look at legal news and the business of law: In Foreign Corrupt Practices Act News Foreign subsidiaries of two American tobacco companies pled guilty to charges of bribing foreign countries.
The federal bribery statute, 18 U.S.C. § 201 (b), criminalizes the corrupt promise or transfer of any thing of value to influence an official act of a federal official, a fraud on the United States, or the commission or omission of any act in violation of the official's duty. [ 33] 18 U.S.C. § 201 (b) (1)– (2) provides:
Here’s the text describing its mitigation: “Under the Foreign Corrupt Practices Act (the “FCPA”) and similar anti-corruption laws and local laws prohibiting certain corrupt payments to ...
On April 9, 2014, an administrative proceeding before the SEC was settled by HP consenting to an order acknowledging that HP had violated the Foreign Corrupt Practices Act (FCPA) when HP subsidiaries in Russia, Poland, and Mexico made improper payments to government officials to obtain or retain lucrative public contracts. [183]
Within the United States federal legislation, a facilitating payment or grease payment, as defined by the Foreign Corrupt Practices Act (FCPA) of 1977 and clarified in its 1988 amendments, is a payment to a foreign official, political party or party official for "routine governmental action", such as processing papers, issuing permits, and ...