The Foreign Corrupt Practices Act Clearinghouse (FCPAC) operates as a database, a repository of original source documents, and a supplier of analytics, providing users with detailed information relating to enforcement of the Foreign Corrupt Practices Act (FCPA).
The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have charged hundreds of companies and individuals with FCPA violations and imposed billions of dollars in monetary sanctions since the statute’s enactment in 1977. U.S. authorities have intensified their efforts to abate corruption by increasing personnel, collaborating more closely with foreign governments and agencies, and offering mitigation credit to companies that self-disclose FCPA violations and cooperate with the government’s investigation.
The goal of the FCPAC is to provide investors, policymakers, scholars, judges, lawyers, the media, and the public at large with a comprehensive website for all things FCPA-related. Users can review relevant laws, read articles about FCPA compliance and enforcement, and view, search, and sort data about FCPA investigations and enforcement actions according to their individual needs and interests.