Exactly what is a “public international organization” for the purposes of the Foreign Corrupt Practices Act (FCPA)?
Under the FCPA, a public international organization is any organization designated such by Executive order in accordance with the International Organizations Immunities Act or any other organization that the President decides to designate as such. The International Organizations Immunities Act (IOIA) grants designated international organizations the capacity to contract, acquire and dispose of personal property, and to institute legal proceedings. The IOIA also, as the name implies, provides designated organizations immunity from suit.
