The Foreign Corrupt Practices Act only applies to those making bribes. It does not apply to the recipients of bribes. Since the recipient must be a “foreign official” you run into the issue of “diplomatic immunity.” The concept is that officials should only be held accountable to the laws in their home state. We would [...]
Tag Archives: Proclamation 7750
Recent Stories
- Blogoversary
- Compliance Bits and Pieces for February 10
- Proposed FATCA Regulations Released
- New Anti-Money Laundering Requirements for Non-Bank Mortgage Lenders and Originators
- Crowdsourcing the Crowdfunding Exemption
- Compliance, the Middle-Finger Malfunction, and the Reluctant Touchdown
- Compliance Bits and Pieces for February 3
- Margin Call
- Will Private Equity Fund Managers Get a Registration Exemption?
- Changes Coming With Anti-Money Laundering Requirements
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Compliance Building is published by Doug Cornelius, focusing on compliance and ethical issues for private equity real estate companies. Read more in About.
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