Violations of the US Foreign Corrupt Practices Act and UK Bribery Act Can Result In Several Issues For Non-Compliant Multinational Corporations by Asia Multinational Corporation Foreign Corrupt Practices Act Lawyer

Violations of the U.S. Foreign Corrupt Practices Act and UK Bribery Act Can Result In Criminal Prosecutions, Fines, Loss of Stock Value and Several Issues For Non-Compliant Asian Multinational Corporations by Asia Multinational Corporation Foreign Corrupt Practices Act Lawyer and Global Trade Foreign Corrupt Practices Act Lawyer Jason S. Coomer

Recent enactments of anti-corruption laws are cracking down on corruption in international trade and may result in numerous criminal prosecutions, large fines, loss of stock value, loss of business, and several other issues costing non-compliant corporations large amounts of money.  Multinational corporations and international business executives that fail to comply with new anti-corruption laws and continue with bribes and illegal kickbacks, are the targets of these new laws including anti-corruption bounty actions.


FCPA fines not the only worry for non-compliant Asian institutions, says report - TrustLaw

"Fines under the U.S. Foreign Corrupt Practices Act (FCPA) are only the beginning of worries for firms in Asia, according to a new report issued by Kroll Advisory Solutions. The report focused on global anti-corruption legislation and high-profile cases illustrating the costs of non-compliance, and found that there is still a major gap in the perceived exposure of Asian companies to the risks they face as global anti-corruption efforts ramp up."

"International companies needed to raise anti-corruption efforts, not only to comply with legislation, but to avoid the fines, disclosure requirements, possible arrests and remedial action costs which frequently accompanied violations. Falls in stock price and intangible reputational damage are further compelling reasons to maintain the highest compliance standards,”