FCPA definition: Copy, customize, and use instantly
Introduction
The term "FCPA" refers to the Foreign Corrupt Practices Act, a U.S. federal law that prohibits companies, individuals, and entities from bribing foreign officials to obtain or retain business. It also establishes requirements for accurate financial record-keeping and internal controls. It is essential for ensuring ethical business practices, compliance with anti-corruption standards, and preventing legal risks associated with international business operations.
Below are various examples of how "FCPA" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "FCPA" as an anti-bribery law
This definition ties "FCPA" to its role in preventing bribery.
"FCPA" means the Foreign Corrupt Practices Act, a U.S. law prohibiting the payment of bribes to foreign officials, political parties, or candidates for the purpose of gaining an unfair business advantage.
Definition of "FCPA" as a financial record-keeping standard
This definition connects "FCPA" to its requirements for financial transparency.
"FCPA" refers to the Foreign Corrupt Practices Act, which requires companies to maintain accurate financial records and implement internal accounting controls to prevent corruption and ensure legal compliance.
Definition of "FCPA" as a corporate compliance mandate
This definition links "FCPA" to its role in corporate compliance programs.
"FCPA" means the Foreign Corrupt Practices Act, a federal law requiring companies to implement compliance programs, policies, and training to prevent corrupt practices and ensure adherence to anti-bribery provisions.
Definition of "FCPA" as a cross-border anti-corruption framework
This definition applies "FCPA" to its role in international business.
"FCPA" refers to the Foreign Corrupt Practices Act, which establishes anti-corruption standards for U.S. companies and their foreign subsidiaries, agents, and representatives engaging in international business transactions.
Definition of "FCPA" as an international business integrity law
This definition ties "FCPA" to its role in promoting ethical international business practices.
"FCPA" means the Foreign Corrupt Practices Act, a U.S. law that ensures integrity in international business by prohibiting corrupt payments and requiring transparent financial reporting for companies operating globally.
Definition of "FCPA" as a tool for regulatory enforcement
This definition connects "FCPA" to its role in regulatory oversight.
"FCPA" refers to the Foreign Corrupt Practices Act, a federal statute that empowers regulatory bodies, such as the U.S. Department of Justice and the Securities and Exchange Commission, to enforce anti-bribery and record-keeping provisions against violators.
Definition of "FCPA" as a corporate accountability measure
This definition links "FCPA" to holding corporations accountable for corrupt practices.
"FCPA" means the Foreign Corrupt Practices Act, a law that holds companies and their executives accountable for acts of bribery and fraudulent financial reporting, aiming to deter unethical practices in business dealings.
Definition of "FCPA" as an anti-corruption compliance benchmark
This definition applies "FCPA" to its role as a compliance standard.
"FCPA" refers to the Foreign Corrupt Practices Act, a benchmark law that guides companies in designing anti-corruption policies, training programs, and internal controls to prevent and detect bribery risks.
Definition of "FCPA" as a deterrent to unethical business practices
This definition ties "FCPA" to its role in deterring corruption.
"FCPA" means the Foreign Corrupt Practices Act, which serves as a deterrent to unethical practices by imposing penalties, fines, and potential imprisonment for individuals or entities engaged in bribery of foreign officials.
Definition of "FCPA" as a governance and transparency requirement
This definition connects "FCPA" to its role in enhancing corporate governance.
"FCPA" refers to the Foreign Corrupt Practices Act, a law requiring companies to adopt governance frameworks and transparency measures to detect and prevent corrupt practices in international transactions.
Definition of "FCPA" as a global compliance framework
This definition links "FCPA" to its global compliance implications.
"FCPA" means the Foreign Corrupt Practices Act, a globally influential anti-corruption law that impacts multinational companies by setting compliance standards for their operations in foreign jurisdictions.
Definition of "FCPA" as a preventative measure against bribery
This definition applies "FCPA" to its preventative role.
"FCPA" refers to the Foreign Corrupt Practices Act, which aims to prevent bribery and corruption in international business dealings by requiring companies to establish and enforce robust anti-bribery policies.
Definition of "FCPA" as an ethical business practices enforcer
This definition ties "FCPA" to its emphasis on ethics in business.
"FCPA" means the Foreign Corrupt Practices Act, a law designed to enforce ethical business practices by prohibiting illegal payments and requiring companies to operate transparently and responsibly.
Definition of "FCPA" as a multinational anti-corruption influence
This definition connects "FCPA" to its impact on global anti-corruption efforts.
"FCPA" refers to the Foreign Corrupt Practices Act, a U.S. law that influences global anti-corruption efforts by encouraging other countries to adopt similar standards and practices in international commerce.
Definition of "FCPA" as a financial integrity enabler
This definition links "FCPA" to financial integrity.
"FCPA" means the Foreign Corrupt Practices Act, a federal law that promotes financial integrity by requiring companies to maintain accurate records and establish controls to prevent corruption in financial reporting.
Definition of "FCPA" as a framework for ethical international trade
This definition ties "FCPA" to its role in fostering ethical trade practices.
"FCPA" means the Foreign Corrupt Practices Act, a legal framework designed to promote ethical conduct in international trade by prohibiting corrupt payments and mandating transparent financial operations.
Definition of "FCPA" as a guide for multinational corporate compliance
This definition connects "FCPA" to its role in guiding compliance for multinational companies.
"FCPA" refers to the Foreign Corrupt Practices Act, which provides a compliance framework for multinational corporations, ensuring adherence to anti-corruption principles and financial reporting standards in cross-border transactions.
Definition of "FCPA" as a deterrent against corporate corruption
This definition links "FCPA" to its role in deterring corporate corruption.
"FCPA" means the Foreign Corrupt Practices Act, a U.S. law that deters corporate corruption by imposing stringent penalties for bribery and non-compliance with financial transparency requirements.
Definition of "FCPA" as a tool for international business regulation
This definition applies "FCPA" to its regulatory role in global commerce.
"FCPA" refers to the Foreign Corrupt Practices Act, which regulates international business practices by setting legal standards for ethical conduct, prohibiting bribes, and requiring accurate financial disclosures.
Definition of "FCPA" as a driver of global anti-bribery initiatives
This definition ties "FCPA" to its influence on global anti-corruption efforts.
"FCPA" means the Foreign Corrupt Practices Act, a pioneering law that drives international anti-bribery initiatives by influencing global policies and encouraging the adoption of anti-corruption measures in multinational commerce.
Definition of "FCPA" as a financial transparency enhancer
This definition connects "FCPA" to financial reporting and transparency.
"FCPA" refers to the Foreign Corrupt Practices Act, which enhances financial transparency by requiring companies to implement internal controls, maintain accurate records, and ensure compliance with anti-corruption standards.
Definition of "FCPA" as a global risk management tool
This definition links "FCPA" to its use in managing corruption risks.
"FCPA" means the Foreign Corrupt Practices Act, a legal instrument that assists companies in managing risks related to bribery and corruption in international markets by enforcing stringent compliance and reporting standards.
Definition of "FCPA" as an ethical corporate governance standard
This definition applies "FCPA" to its role in governance.
"FCPA" refers to the Foreign Corrupt Practices Act, which serves as a corporate governance standard by promoting accountability, ethical leadership, and compliance with anti-corruption laws in global business operations.
Definition of "FCPA" as a benchmark for anti-corruption programs
This definition ties "FCPA" to its role as a compliance benchmark.
"FCPA" means the Foreign Corrupt Practices Act, which provides a benchmark for designing and implementing anti-corruption programs, including training, monitoring, and enforcement mechanisms for multinational organizations.
Definition of "FCPA" as a foundation for international legal cooperation
This definition connects "FCPA" to fostering international legal collaboration.
"FCPA" refers to the Foreign Corrupt Practices Act, which lays the foundation for cooperation between U.S. regulators and international authorities in combating corruption and promoting ethical business practices worldwide.
Definition of "FCPA" as an accountability measure for foreign subsidiaries
This definition links "FCPA" to its application in foreign subsidiaries.
"FCPA" means the Foreign Corrupt Practices Act, which holds U.S.-based companies accountable for the actions of their foreign subsidiaries, ensuring compliance with anti-bribery and financial record-keeping requirements across jurisdictions.
Definition of "FCPA" as a compliance requirement for third-party agents
This definition applies "FCPA" to third-party oversight.
"FCPA" refers to the Foreign Corrupt Practices Act, which requires companies to ensure that third-party agents, contractors, and intermediaries adhere to anti-corruption laws and ethical standards when acting on their behalf.
Definition of "FCPA" as a framework for whistleblower protections
This definition ties "FCPA" to its support for whistleblowers.
"FCPA" means the Foreign Corrupt Practices Act, which encourages reporting of corrupt practices through whistleblower protections, offering incentives for individuals to disclose violations of anti-bribery provisions.
Definition of "FCPA" as a safeguard for corporate reputation
This definition connects "FCPA" to its impact on reputation management.
"FCPA" refers to the Foreign Corrupt Practices Act, which helps protect corporate reputation by mandating ethical practices and preventing the reputational damage associated with bribery and corruption scandals.
Definition of "FCPA" as a legal standard for corporate accountability
This definition links "FCPA" to its role in enforcing corporate accountability.
"FCPA" means the Foreign Corrupt Practices Act, which establishes a legal standard for holding corporations accountable for unethical practices, ensuring integrity in both domestic and international business operations.
Definition of "FCPA" as a standard for international ethical conduct
This definition ties "FCPA" to its role in defining ethical business behavior globally.
"FCPA" means the Foreign Corrupt Practices Act, a law that establishes clear ethical guidelines for U.S. businesses operating internationally, ensuring fairness and integrity in cross-border transactions.
Definition of "FCPA" as a mechanism for corporate risk reduction
This definition connects "FCPA" to its use in mitigating corruption risks.
"FCPA" refers to the Foreign Corrupt Practices Act, a law designed to reduce corporate risk by enforcing anti-bribery laws, ensuring compliance, and minimizing exposure to legal penalties and reputational harm.
Definition of "FCPA" as an enforcement tool against global bribery
This definition links "FCPA" to its enforcement power.
"FCPA" means the Foreign Corrupt Practices Act, a U.S. statute that empowers authorities to prosecute individuals and entities involved in bribery or corrupt practices in international markets.
Definition of "FCPA" as a driver for transparency in global transactions
This definition applies "FCPA" to its focus on transparent dealings.
"FCPA" refers to the Foreign Corrupt Practices Act, which drives transparency in global business transactions by requiring detailed financial reporting and internal controls to prevent corrupt practices.
Definition of "FCPA" as a compliance foundation for international contracts
This definition ties "FCPA" to its role in contractual compliance.
"FCPA" means the Foreign Corrupt Practices Act, which establishes the foundation for compliance clauses in international contracts, ensuring that all parties adhere to anti-bribery and financial integrity standards.
Definition of "FCPA" as a benchmark for global anti-corruption policies
This definition connects "FCPA" to its role as a global standard.
"FCPA" refers to the Foreign Corrupt Practices Act, which serves as a benchmark for developing anti-corruption policies in multinational companies, aligning them with international best practices and ethical norms.
Definition of "FCPA" as a protection against legal liabilities
This definition links "FCPA" to liability management.
"FCPA" means the Foreign Corrupt Practices Act, which protects companies from legal liabilities by enforcing stringent compliance requirements and penalizing non-compliance in bribery-related cases.
Definition of "FCPA" as a tool for fostering corporate culture
This definition applies "FCPA" to its role in shaping organizational values.
"FCPA" refers to the Foreign Corrupt Practices Act, which fosters a corporate culture of accountability and integrity by requiring companies to implement anti-corruption training and robust compliance programs.
Definition of "FCPA" as a deterrent for third-party misconduct
This definition ties "FCPA" to its oversight of third-party behavior.
"FCPA" means the Foreign Corrupt Practices Act, which acts as a deterrent against third-party misconduct by holding companies accountable for the actions of agents, contractors, and intermediaries acting on their behalf.
Definition of "FCPA" as a legal requirement for corporate audits
This definition connects "FCPA" to financial auditing.
"FCPA" refers to the Foreign Corrupt Practices Act, which requires companies to conduct regular audits of financial records and transactions to detect and prevent corruption-related violations.
Definition of "FCPA" as a preventive measure for bribery in procurement
This definition links "FCPA" to procurement practices.
"FCPA" means the Foreign Corrupt Practices Act, which establishes safeguards to prevent bribery in procurement processes, ensuring fair competition and ethical vendor relationships.
Definition of "FCPA" as a global ethics harmonization standard
This definition applies "FCPA" to its impact on global ethics alignment.
"FCPA" refers to the Foreign Corrupt Practices Act, a law that promotes harmonization of global ethical standards by influencing anti-corruption legislation and compliance practices across jurisdictions.
Definition of "FCPA" as a guide for internal financial controls
This definition ties "FCPA" to corporate internal controls.
"FCPA" means the Foreign Corrupt Practices Act, which mandates the implementation of internal financial controls to prevent mismanagement, ensure accurate reporting, and safeguard against corruption.
Definition of "FCPA" as a model for cross-border anti-bribery enforcement
This definition connects "FCPA" to international enforcement.
"FCPA" refers to the Foreign Corrupt Practices Act, a model law for cross-border anti-bribery enforcement, setting precedents for prosecuting corruption cases involving international entities.
Definition of "FCPA" as a legal framework for whistleblower incentives
This definition links "FCPA" to its whistleblower provisions.
"FCPA" means the Foreign Corrupt Practices Act, which incentivizes individuals to report corruption by offering protections and potential rewards for whistleblowers who expose violations of the law.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.