2011 Foreign Corrupt Practices Act Year in Review: Scrutiny, Reform, and Individual Prosecutions are Key Issues
Southern Illinois University School of Law
January 27, 2012
White Collar Crime Report, Vol. 7, 2012
For most of the Foreign Corrupt Practices Act's history, key decisions concerning its enforcement and direction were made behind closed doors around conference room tables in Washington, D.C. While many enforcement decisions and procedures remain opaque, 2011 witnessed the most intense year of public scrutiny in the FCPA's history.
This article, in addition to providing a brief overview of the 2011 enforcement year, details the scrutiny the FCPA was subjected to in the past year. This scrutiny reveals that as the FCPA nears its 35th year, basic legal and policy questions remain as to the purpose, scope, and effectiveness of the law.
Number of Pages in PDF File: 8
Keywords: FCPA, Foreign Corrupt Practices Act, Voluntary Disclosures, Non-Prosecution Agreement, Deferred Prosecution Agreement
Date posted: January 30, 2012