Online FCPA Training Course
Foreign Corrupt Practices Act
In 1977, the U.S. Congress enacted the Foreign Corrupt Practices Act (FCPA) — a response to findings that numerous American companies had been making questionable payments totaling in the hundreds of millions of dollars to foreign government officials, politicians and political parties. The goal of the FCPA is to prevent and/or stop such bribery of foreign officials, restore public confidence in the integrity of the American business system, and promote stronger and more reliable foreign legal regimes. Enforcement of the FCPA is a shared duty of the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC).
According to the head of the DOJ's Criminal Division, the agency's enforcement of the FCPA is "stronger than it's ever been — and getting stronger." He warned executives and employees that, “we seek to hold you personally accountable for FCPA violations." Further evidence of their commitment to enforcing the FCPA, the DOJ and SEC released an FCPA "Resource Guide." The Guide provides detailed information about the U.S. Government's approach to the FCPA and its enforcement priorities.
The Cintas, 45-minute Online FCPA Training Course is based on the FCPA Resource Guide. Content includes FCPA and related global anti-corruption measures explained in easy-to-understand terms. Also featured are video clips, quizzes, news briefs and real-world compliance issues that employees should learn to recognize and respond to appropriately. (NOTE: The Foreign Corrupt Practices Act training course focuses primarily on the FCPA law. Please view our Global Anti-Corruption Training Course if seeking a course that also covers the UK Bribery Act and other global anti-bribery laws and conventions.)
Topics of the FCPA Training Course include:
- FCPA — a historical perspective
- Compliance — understanding its importance
- Non-Compliance — what are the costs?
- FCPA — the basic principles
- Coverage — who qualifies?
- Definition of a "Foreign Official"?
- Definition of "Corrupt Intent"?
- Know the rules — monetary payments
- Know the rules — gifts
- Know the rules — meals and entertainment
- Know the rules — travel expenses
- Role and actions of agents
- Identifying “red flags”
- Understanding exceptions and defenses
- Rules of required recordkeeping
- Awareness and avoidance of penalties
- What to do if you suspect an issue