MLchartDataset catalogue

Foreign Corrupt Practices Act of 1977 FCPA

Term · Insurance and risk management · MLC-T-INS-001563

A United States federal law that prohibits U.S. companies and individuals from bribing foreign government officials to obtain or retain business. It also contains accounting provisions requiring companies whose securities are listed in the U.S. to make and keep accurate books and records and to devise and maintain internal accounting controls. Violations can result in substantial fines and imprisonment.

Table 1. Record
IdentifierMLC-T-INS-001563
FieldInsurance and risk management
SubjectManagement Liability
Record as JSON 
{
  "id": "MLC-T-INS-001563",
  "term": "Foreign Corrupt Practices Act of 1977 FCPA",
  "field": "Insurance and risk management",
  "definition": "A United States federal law that prohibits U.S. companies and individuals from bribing foreign government officials to obtain or retain business. It also contains accounting provisions requiring companies whose securities are listed in the U.S. to make and keep accurate books and records and to devise and maintain internal accounting controls. Violations can result in substantial fines and imprisonment.",
  "subject": "Management Liability",
  "url": "https://mlchart.com/terminology/insurance/foreign-corrupt-practices-act-of-1977-fcpa/"
}

Record 1,462 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.