Assessing Your Financial Crime Compliance Risk and Controls
The Foreign Corrupt Practices Act* (FCPA) generally prohibits the payment of bribes to foreign officials to assist in obtaining or retaining business. The FCPA also requires issuers to maintain accurate books and records and have a system of internal controls sufficient to, among other things, provide reasonable assurances that transactions are executed and assets are accessed and accounted for in accordance with management's authorization.
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