Summary:
In this episode, we explore the Foreign Corrupt Practices Act (FCPA) from a geopolitical perspective. We comprehensively examine the FCPA's anti-bribery and accounting provisions, its broad jurisdictional reach impacting both U.S. and international businesses, and its enforcement by the DOJ and SEC. Several high-profile cases are analyzed to illustrate the significant financial and reputational consequences of violations. Furthermore, the material discusses compliance strategies, the global influence of the FCPA, and future trends, including the role of emerging technologies like AI and blockchain in anti-corruption efforts. Ultimately, we emphasize the importance of ethical conduct and robust compliance programs for sustainable business growth in a globally interconnected world.
