Corruption and bribery are undeniable yet dark aspects of commercial life. Bribery refers to advantages provided to secure the unlawful acceleration or facilitation of a transaction. Both national and international regulations contain anti-bribery and anti-corruption provisions that natural persons and legal entities alike must observe and comply with. In 1972, Richard M. Nixon, then-President of … Continue reading The U.S. Foreign Corrupt Practices Act (FCPA) and Its Extraterritorial Application