Busting Bribery: Sustaining the Global Momentum of the Foreign Corrupt Practices Act

Abstract

This report examines the current efforts in Washington, D.C., to amend the Foreign Corrupt Practices Act (FCPA), a law that forbids U.S.-based companies from bribing foreign officials. Busting Bribery: Sustaining the Global Momentum of the Foreign Corrupt Practices Act argues that these proposed amendments would create loopholes and exceptions so as to drastically alter the effectiveness of the FCPA in combating bribery. Additionally, the report finds that these amendments would halt, and potentially reverse, the worldwide trend toward adoption and enforcement of anti-bribery measures, thus compromising the global fight against corruption.