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Glossary › FCPA (Foreign Corrupt Practices Act)
What is FCPA (Foreign Corrupt Practices Act)
The Foreign Corrupt Practices Act governs anti-bribery and accounting practices for organizations operating or conducting business with foreign entities. In TPRM, FCPA compliance requires assessing whether vendors engage in bribery risks or weak financial controls.
FAQs
Why is FCPA relevant to vendors?
Vendors may act on behalf of the organization abroad.
Does FCPA apply to all industries?
Yes, it applies broadly to U.S. entities and their partners.
How do companies manage FCPA risk?
Through due diligence and monitoring.
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