Civil Society Submission: Foreign Corrupt Practices Act
On May 16, 2012, ICAR along with other leading civil society organizations submitted a letter to leadership at the US Department of Justice and the Securities and Exchange Commission. Our letter provided further insights, analysis and commentary on critical issues pertaining to the joint Guidance being developed for the Foreign Corrupt Practices Act.
more from this campaign
Why the Foreign Corrupt Practices Act is GOOD for Business
- The FCPA levels the playing field and helps ensure fair competition
Bribery distorts competition and rewards those who cannot compete in an open and fair market.[i] As Congress recognized, bribery “…rewards corruption instead of…
Why the Foreign Corrupt Practices Act is NOT BAD for Business
- Compliance programs created to detect and prevent FCPA violations enable companies to operate with integrity in corrupt markets
In today’s market, consumers and investors want to know if a company is operating in a socially responsible manner. Compliance…
ICAR Advocacy Letter: Defending the FCPA
Dear Congressman,
On behalf of the International Corporate Accountability Roundtable (“ICAR”), a coalition of human rights groups including Amnesty International, Global Witness, Human Rights Watch, Human Rights First and EarthRights International, we submit this letter to indicate our strong defense…
Busting Bribery: Sustaining the Global Momentum of the Foreign Corrupt Practices Act
Date: September 2011
This report examines the current efforts in Washington, D.C., to amend the Foreign Corrupt Practices Act (FCPA), a law that forbids U.S.-based companies from bribing foreign officials.
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Anti-bribery legislation under attack in the US
by Katie Shay
In 1977, the United States took a powerful first step in curbing global corruption by passing the Foreign Corrupt Practices Act. The law aims to remove the incentive for bribery, and does so by creating both criminal…
Broad Coalition of 33 Civil Society and Socially Responsible Investment Leaders Call on Congress to Refrain from Introducing Legislation Amending FCPA
ICAR along with more than 30 civil society and business groups, including human rights and anticorruption organizations, sent a letter to every member of the U.S. House of Representatives and U.S. Senate expressing their opposition to any efforts to…