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United States: Foreign Corrupt Practices Act of 1977

Published online by Cambridge University Press:  26 May 2017

Abstract

To amend the Securities Exchange Act of 1034 to make it unlawful for an issuer of securities registered pursuant to section 12 of such Act or an issuer required to file reports pursuant to section 15(d) of such Act to make certain payments to foreign officials and other foreign persons, to require such issuers to maintain accurate records, and for other purposes.

Type
Legislation and Regulations
Copyright
Copyright © American Society of International Law 1978

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References

* [The legislative history of the Act appears at I.L.M. page 219.

[On the international level, the U.N. Ad Hoc Intergovernmental Working Group on the Problem of Corrupt Practices proposals for an international agreement to eliminate and prevent illicit payments appear at 16 I.L.M. 1236 (1977). The International Chamber of Commerce draft on the subject appears at 16 I.L.M. 686 (1977).]