The United States began efforts to combat global corruption in 1977 when it passed the Foreign Corrupt Practices Act (FCPA). While the law has many components, its overall intent was to prohibit bribery of foreign officials. It is broadly interpreted by the Department of Justice and the Securities Exchange Commission, and provides for harsh penalties for those found to be in violation. So why is this 30 year old law suddenly so topical?
In the last few years, efforts to clean up international trade have “gone global.” Foreign governments, especially China, and international organizations like the United Nations, World Bank, World Trade Organization, European Union and African Union have adopted strong international anti-corruption and anti-bribery laws and standards. The result is that US companies doing business internationally must now ensure corporate compliance with this law.
Because of these changes in enforcement, it is now crucial that companies retain an advisor who can help guide them through the conventions of the FCPA. An advisor who knows where to look to uncover violations. An advisor who knows how to rectify infractions once they’ve been brought to light. UHY Advisors can help your FCPA investigation.
- UHY Advisors has the largest network of global resources of any financial forensics group other than the Big 4, with locations in 240 cities in more than 75 countries
- Our investigators have worked on the two highest profile U.S. corporate fraud cases in U.S. history, using our deep forensic investigation skills
- Our holistic approach to FCPA services covers all the elements of a full FCPA investigation. We also offer project management services so you can focus on the case at hand, not on managing the ancillary details.