The purpose of this paper is to briefly explore the history of the Foreign Corrupt Practices Act of 1977 ('FCPA …'), review the literature surrounding its shortcomings and efficiencies and generate a cumulative assessment on the FCPA …'s efficacy in meeting its intended objectives. First, the FCPA is explored both in purpose and in scope to understand what its …

rather fragmented. This fragmentation is used to help understand the wisdom of the Foreign Corrupt Practices Act (FCPA …) approach in the early years. However, as the FCPA approach was internationalized and evolves to its current phase, in which … wisdom of the FCPA approach in early years affect their evaluations of the effect of the OECD Anti-Bribery Convention in the …

Purpose – The purpose of this paper is to provide suggestions to the banking and finance sectors on managing FCPA risks … in light of a May 2013 FCPA enforcement action against employees of a US broker-dealer. Design/methodology/approach – The … paper provides details of the May 2013 enforcement action, cites other FCPA enforcement actions in financial services …