What Business Owners Should Know About FCPA - Fort Lauderdale criminal defense lawyerWhether you are thinking about starting your own business or you have recently launched your own  business, you know there are a lot of things that you need to learn before opening up shop. You have spent a tremendous amount of time researching information to develop your business and help it succeed and grow. You have the best products or offer the best services, and you are confident that you have something that will benefit the general public. However, while you may have a tremendous amount of knowledge, there may be something that you may not be knowledgeable about: The FCPA.

The US Foreign Corrupt Practices Act, or the FCPA, was passed by Congress nearly four decades ago. This measure drastically altered the way that large volumes of international business could be conducted, and the effects of the FCPA are still being felt today.

If you have any dealings with international business, it is vital to have a firm understanding of the FCPA. Here’s a look at some of the most pertinent information that all business owners should know from a reputable Fort Lauderdale criminal defense lawyer.

What is the FCPA?

The goal of the FCPA is to deter and fight against corruption from international entities. This is done through the following:

  • Banning the falsification of books and/or records
  • Mandating that a system of internal controls is implemented
  • More stringent record keeping and internal control requirements

Additionally, the FCPA is intended to fight against international corruption that may occur through provisions that prevent bribery. This is the most important part of the FCPA that business owners should be aware of, according to informed Fort Lauderdale criminal defense lawyers.

What do Anti-Bribery Provisions Forbid?

The anti-bribery provisions that are set forth by the FCPA forbid all of the following:

  • Any offers to make payments, promises to issue payments, or actually making payments to foreign officials in an effort to influence any act or decision that is undertaken in an official capacity.
  • Any offers to make payments, promises to issue payments, or actually making payments to foreign officials in an effort to secure improper advantages that would help to facilitate securing or retaining any business.

Who is Affected by the Anti-Bribery Provisions Set Forth by the FCPA?

There are three categories of individuals or entities that are affected by the anti-bribery provisions from under the FCPA. This includes:

  • Issuers
  • Domestic concerns
  • Any other parties that are acting while within a US territory

Fort Lauderdale criminal defense lawyer - What Business Owners Should Know About FCPAIf you are accused of violating the anti-bribery provisions from the FCPA, it is essential to contact a Fort Lauderdale criminal defense lawyer. An experienced criminal attorney in Broward who understands the FCPA and the legalities that are involved with be able to assist you. With a Fort Lauderdale criminal lawyer, you can have confidence knowing that your business – and you – will be in the best hands. Don’t let being under investigation of anti-bribery provisions from the FCPA impact your livelihood and your future.

We handle a variety of criminal law cases, so call us now if you have any questions, (954) 256-1464.

View more contact information here: Fort Lauderdale Criminal Defense Lawyer.