The International Anti-Bribery and Fair Competition Act of 1998 () is a
United States federal law
The law of the United States comprises many levels of codified and uncodified forms of law, of which the most important is the nation's Constitution, which prescribes the foundation of the federal government of the United States, as well as va ...
that amends the
Foreign Corrupt Practices Act
The Foreign Corrupt Practices Act of 1977 (FCPA) (, ''et seq.'') is a United States federal law that prohibits U.S. citizens and entities from bribing foreign government officials to benefit their business interests.
The FCPA is applicable world ...
by implementing the provisions of the
Organisation for Economic Co-operation and Development
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organization, intergovernmental organisation with 38 member countries ...
's
.
The act makes it illegal for a citizen or corporation of the United States or a person or corporation acting within the United States to influence, bribe or seek an advantage from a public official of another country.
[See generally T. Markus Funk]
"Meeting (and Exceeding) Our Obligations: Will OECD's Anti-Bribery Convention Cause the Dodd-Frank Act's 'Whistleblower Bounty' Incentives to Go Global?," 5 BNA White Collar Crime Report 711 (November 8, 2010).
See also
*
Convention against Corruption (disambiguation) Convention against Corruption could refer to:
*The United Nations Convention against Corruption of the United Nations, in force since 14 December 2005.
*The Inter-American Convention against Corruption of the Organization of American States, in ...
External links
Text of the bill
References
United States business law
United States federal criminal legislation
Corruption in the United States
Bribery
Acts of the 105th United States Congress
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