U.S. corporations seek clarity on anti-bribery law

Numerous media outlets (including Politico, Reuters, WSJ Corruption Currents, Main Justice, BLT: The Blog of Legal Times, International Business Times, and American Lawyer) reported on the letter that ILR and a broad coalition of business groups sent to the Department of Justice and the Securities and Exchange Commission regarding forthcoming guidance on enforcement under the Foreign Corrupt Practices Act (FCPA).  The letter came on the heels of news that the Justice Department has dropped an FCPA sting case against military and security contractors, about which ILR’s Harold Kim stated, “While we are encouraged by the growing judicial oversight of FCPA enforcement actions, we believe that clarity and guidance is still much needed under the law.”