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Foreign Corrupt Practices Act (FCPA)

This FCPA training course explains the major principles of U.S. anti-corruption law. It is intended to help employees understand the importance of FCPA compliance and recognize and respond appropriately to “red flags” -- situations that present a risk of FCPA violations. The course is based on the FCPA Resource Guide released in November 2012 by the DOJ and SEC.

Geography Covered: Global | Duration: 35 minutes

Summary

The U.S. Congress enacted the Foreign Corrupt Practices Act (FCPA) in 1977 in response to findings that many American companies had been making hundreds of millions of dollars of questionable payments to foreign government officials, politicians and political parties. The purposes of this act are to halt the bribery of foreign officials, restore public confidence in the integrity of the American business system, and promote stronger and more reliable foreign legal regimes. The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) share responsibility for enforcing the FCPA through proper FCPA training.

The head of the DOJ's Criminal Division recently described his agency's focus on FCPA enforcement as "stronger than it's ever been — and getting stronger." He warned executives and employees that "we seek to hold you personally accountable for FCPA violations."

Soon afterwards, the DOJ and SEC released an "Resource Guide." The Guide provides detailed information about the U.S. Government's approach to the FCPA and its enforcement priorities. This FCPA training course is based on this Resource Guide.

The available versions for this course include:

  • Foreign Corrupt Practices Act - FCPA (Global)
  • Foreign Corrupt Practices Act (FCPA) and Anti-Corruption - Universities (US)

The topics covered in the course include:

  • FCPA Historical Background
  • The Importance of Compliance
  • The Costs of Non-Compliance
  • Basic Principles
  • Who Is Covered?
  • Who Is a "Foreign Official"?
  • What Is "Corrupt Intent"?
  • Monetary Payments
  • Gifts
  • Meals and Entertainment
  • Travel Expenses
  • Actions of Agents
  • Red Flags
  • Exceptions and Defenses
  • Recordkeeping
  • Penalties
  • If You Spot an Issue
    • Foreign Corrupt Practices Act - FCPA (Global)
    • Foreign Corrupt Practices Act (FCPA) and Anti-Corruption - Universities (US)
  • Like with all our courses, the FCPA training courses are written by experts and powered by world-leading regulatory intelligence, which tracks more than 900 regulators and exchanges globally to ensure the course content is always up to date.

    All our training courses are driven by practical examples and interactive scenarios to ensure users truly understand and recognize the issues of most importance to your business and learn to instinctively act to support them.

    We employ instructional design techniques optimized for risk and compliance training, enabling your business to educate in a way that reduces risk and helps you build a culture of integrity and compliance.

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