“The United States will continue to target corrupt foreign officials . . . so U.S. companies can compete fairly in transparent business climates.”– National Security Strategy of the United States of America1“The U.S. Department of State has made anti-corruption a national security priority.”– “U.S. Anti-Corruption Efforts,” United States Department of State2Aggressive enforcement of the Foreign Corrupt Practices Act (FCPA) by the Department of Justice and the Securities and Exchange Commission, alongside the U.S. government’s diplomatic efforts to promote the OECD Anti-Bribery Convention, have created an atmosphere in which foreign bribery—once considered an appropriate tax deduction—is now universally recognized as a …read more
Source: The American Interest
