The Foreign Corrupt Practices Act (FCPA), 15 U.S.C. §§ 78dd-1, et seq was signed into law in 1977 by President Jimmy Carter. The FCPA generally prohibits payments to foreign government.
A positive culture can make the difference between a compliance program that sees ethical decision making in a company's everyday operations and check-the-box procedures that do not reflect underlying values or affect the daily conduct of employees, says Howard Weissman at Miller Canfield.
The thieves and beneficiaries of the ill-gotten wealth may even exploit the serious hunger in this country to drive instability and avoid accountability.