Foreign Corrupt Practices Act - RETIRED

Overview/Description
Target Audience
Expected Duration
Lesson Objectives
Course Number

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Overview/Description
U.S. firms seeking to do business in foreign markets must be familiar with the Foreign Corrupt Practices Act (FCPA). The act prohibits corrupt payments to foreign officials for the purpose of obtaining or keeping business. This course provides an overview of the FCPA. It illustrates how the act can impact your business and gives advice on the steps you can take to make sure that your business adheres to the provisions of the act. This SkillSoft course has been developed and maintained with subject matter support provided by the Labor, Employment, and Employee Benefits Law Group of the law firm of Sheehan Phinney Bass + Green PA.

Target Audience
All employees

Expected Duration (hours)
1.0

Lesson Objectives

Overview of the FCPA

identify the reason the FCPA was established.

recognize the two categories of FCPA provisions.

identify the reason for the 1988 amendment to the FCPA.

identify the benefits of complying with the FCPA.

identify the areas covered by the anti-bribery provisions of the FCPA.

identify the elements used to determine whether an action constitutes a violation of the FCPA.

recognize affirmative defenses to violations of the FCPA.

Employer Responsibilities and the FCPA

identify the two accounting requirements for U.S. companies imposed by the FCPA.

identify the fines and penalties that can be imposed on a business or individual under the terms of the FCPA.

distinguish between civil and criminal penalties for violations of the FCPA.

recognize the benefits of implementing best practices for adhering to the FCPA and recognizing red flags in relation to FCPA compliance.

select the best practices for compliance with the FCPA.

identify red flags in relation to the FCPA.

determine if transactions in a given scenario are likely to cause a company to violate the FCPA.

Course Number:
LCO0108