Trust Us

Freedman, Michael; Clark, Hannah
December 2006
Forbes Asia;12/25/2006, Vol. 2 Issue 22, p18
The article comments on issues related to corruption in the U.S. The Foreign Corrupt Practices Act was first enacted in 1977 and applies to all U.S. and U.S.-listed companies. However, for 25 years it got only spotty enforcement. That changed in the wake of corporate scandals, Sarbanes-Oxley and foreign treaties that made it easier for U.S. prosecutors to extract information from abroad.


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