One of the current top priorities of the Department of Justice ('DOJ') and SEC is enforcing the Foreign Corrupt Practices Act (FCPA or the 'Act'). The FCPA was enacted in 1977 after over 400 publicly traded U.S.
Complying with the FCPA in Emerging Markets After SOX
The recent settlement of parallel FCPA actions in the Southern District of Texas against Baker Hughes, Inc., a major oilfield service company, and its wholly owned subsidiary Baker Hughes Services International Inc. (collectively 'Baker Hughes'), underscores the importance of complying with the FCPA's provisions in emerging markets.
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