Revisions bring DOJ and SEC guidance in line with FCPA statutory language.
In June, the US Department of Justice (DOJ) and Securities and Exchange Commission (SEC) quietly revised its manual, A Resource Guide to the U.S. Foreign Corrupt Practices Act (the Resource Guide), for the first time. Originally published in November 2012, the Resource Guide provides consolidated guidance on the DOJ’s and SEC’s enforcement policies and their interpretation of the Foreign Corrupt Practices Act (FCPA).
Although the changes are more technical than substantive in nature, they do offer some further clarity for the chapters that discuss accounting provisions and criminal penalties. A summary of the revisions are below, and the complete, revised Resource Guide can be found here.
The original article can be found at www.natlawreview.com