Table of Contents for Anti-Corruption Guidance (FCPA Overview)

CONTENTS Cigar aT le ao ee The Costs of Corruption... 2... ee 2 Historical Background... 2... 2. ee 3 National Landscape: Interagency Efforts... 2... 0... ee 4 Departmentof Justices; ss mj sma Me SSM EER ERAS AE AER EMER EERE ER EEG EERE EH 4 Securities and Exchange Commission... 2... 4 Law Enforcement Partners. 2... 5 Departments of Commerce and State... 1. 5 International Landscape: Global Anti-Corruption Efforts... 2... ..002 00002 ee ee 7 OECD Working Group on Bribery and the Anti-Bribery Convention... 2.2... 2. ee ee 7 U.N. Convention Against Corruption . 2. 6 ee 8 Other Anti-Corruption Conventions... 6... ee 8 Chapter 2: THE FCPA: ANTI-BRIBERY PROVISIONS .................... 10 Who Is Covered by the Anti-Bribery Provisions?... 2.2... 2. ee 10 Issuers—15 U.S.C. § 78dd-1. 0 0 10 Domestic Concerns—15 U.S.C. § 78dd-2. 2. 1 11 Territorial Jurisdiction—15 U.S.C. § 78dd-3. 2... 11 What Jurisdictional Conduct Triggers the Anti-Bribery Provisions?............0-.. 0000 eee eee 11 What Is Covered?—The Business Purpose Test... 2.2... 2. ee 12 What Does "Corruptly” Mean?... 2... ee 14 What Does "Willfully’ Mean and When Does It Apply? ........0..0...0 0.000 ee 14 What Does “Anything of Value” Mean?. .. 2... ee 14 Gash: essa wes 48 LEME B ROEM EME ME MEMES LOWE WEBER EME EM ES CE Ewe wa we wes 15 Gifts, Travel, Entertainment, and Other Things of Value... 1 1. ee 15 Charitable Contributions ; sss: ms He Hem EE OEE AR MER EW EH SH ERE ES OE HERE MEME MED 16 Who Is a Foreign Official?. . 2... ee 19 Department, Agency, or Instrumentality of a Foreign Government... 2... 0. ee 20 Public International Organizations... 6... 21 How Are Payments to Third Parties Treated? .. 2.2... ee 21 What Affirmative Defenses Are Available?.. 2... 2... ee 23 The Local Law Defense .. 1... 23 Reasonable and Bona Fide Expenditures... 1. 1. 24 What Are Facilitating or Expediting Payments?.. 2.2... 0. ee 25 Does the FCPA Apply to Cases of Extortion or Duress? .. 2... 2 ee 27 Principles of Corporate Liability for Anti-Bribery Violations ..........0.00. 0000 eee ee 27 Parent-Subsidiary Liability; 3 sm sms es BER EH ERG OE ER RRS EHS HER ER EE OS BEM SME Ew 27 Successor Liability. 2... 28 Additional Principles of Criminal Liability for Anti-Bribery Violations: Aiding and Abetting and Conspiracy. . . . 34 HOUSE_OVERSIGHT_022499