WSJ Law Blog – FCPA Roundup

A few months back, we wrote a post about the Foreign Corrupt Practices Act (FCPA).  This Federal law is important for companies operating abroad.  The FCPA makes it a criminal offense for a US company or individual to bribe a foreign official any where in the world.  This extraterritoriality is relatively rare in US statute.

Now, the Wall Street Journal’s Law Blog has published a post entitled FCPA Roundup: Swiss Bank Accounts, Ferraris and “Foreign Officials.  It includes news about FCPA prosecutions involving a Japanese company accused of bribery in Nigeria and a California company accused of bribing Mexican officials with a Ferrari (and other gifts).