FCPA Accounting Provisions and Enforcement Actions Highlight Corporate Liability for Bribery in China and Other Jurisdictions

The passage outlines general enforcement examples of FCPA accounting violations involving a California company, a U.S. water valve manufacturer, and several corporate officers. While it provides concr FCPA accounting provisions apply to issuers and their consolidated subsidiaries, including foreign j DOJ and SEC have pursued civil and criminal penalties for bribes paid by Chinese joint ventures ($