Continued Increased Enforcement of Foreign Corrupt Practices Act Shift Toward Financial Services Industry

Continued Increased Enforcement of Foreign Corrupt Practices Act Shift Toward Financial Services Industry

The Foreign Corrupt Practices Act (“FCPA”), enacted to deter bribery and other corrupt practices in the conduct of international business, originally claimed jurisdiction over U.S. companies and individuals who used the mail or other instrumentalities of interstate commerce to further a bribe.