Uncertainty surrounds Trump’s FCPA approach

Author: John Crabb | Published: 22 Mar 2017

The Trump Administration has so far been reluctant to confirm its stance on the enforcement of the Foreign Corrupt Practices Act (FCPA) and uncertainty surrounds the approach the new government will take.

The wider ramifications for the US, and those employed overseas in such a scenario are unclear, but other countries look increasingly ready to step in.

Like many things, Trump's stance on the FCPA is unclearThe FCPA, introduced in 1977, outlaws certain US employees and entities from making payments to foreign government officials to assist in obtaining or retaining business. In a CNBC interview in 2012 Trump dismissed the FCPA as a "horrible law", and his recent executive order promised unprecedented rollbacks on as much financial regulation as congressionally allowed.
New attorney general Jeff Sessions, despite previously claiming he would enforce the law has yet to revisit the area of white-collar crime since his confirmation and appears to be...