What other sorts of action may the government take for violating the anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA)?
Any person or firm found in violation of the FCPA may be barred from doing business with the federal government. Bear in mind that simply being indicted may preclude you or your firm from doing business with the government. Moreover, any person or firm found in violation of the FCPA may be prevented from receiving export licenses, and the Securities and Exchange Commission may suspend or bar persons from the securities business, in addition to imposing civil penalties. The Commodity Futures Trading Commission and the Overseas Private Investment Corporation can also suspend or bar a firm from their agency programs for violations of the FCPA. For a consultation with Lorandos Joshi, call 734-327-5030 or send the firm an e-mail.
Related Questions
- The anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA) refer to "issuers" and "domestic concerns" — who are issuers and domestic concerns under the FCPA?
- What are the possible civil consequences for violating the anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA)?
- What sorts of sanctions does the Foreign Corrupt Practices Act (FCPA) provide for?
