The Foreign Corrupt Practices Act cannot be applied in an extraterritorial manner

Question

Quizplus · Accepted Answer

The Foreign Corrupt Practices Act (FCPA) can be applied in an extraterritorial manner. The FCPA applies to any person or company that is defined as a "domestic concern" (i.e. any U.S. citizen, resident, national, or business that is incorporated under U.S. law) as well as any foreign company or person that engages in corrupt practices within the territory of the United States, even if the conduct occurred outside of the United States. Additionally, the FCPA's anti-bribery provisions apply to any company that has securities listed on a U.S. stock exchange, regardless of where the conduct occurred.

The Foreign Corrupt Practices Act Cannot Be Applied in an Extraterritorial