2 ms·
The funny thing about the FCPA is it doesn't apply in the foreign -> USA or USA -> USA interactions, only with USA -> foreign interactions as far as I can tell.
by mahyarm 11y ago
The funny thing about the FCPA is it doesn't apply in the foreign -> USA or USA -> USA interactions, only with USA -> foreign interactions as far as I can tell. Foreign and american organizations can do actions that would be illegal in the FCPA itself with the american government. It's pretty funny.
Like a Canadian oil organization can pay huge speaking fees to an American politician and then start getting favorable treatment in the USA. But if an American oil organization started paying huge speaking fees to a Canadian politician and then start getting favorable treatment in Canada, they would probably have a winnable FCPA liability against them.
Either that or the american politician makes sure the law doesn't get enforced in that case.