US DoJ Won’t Prosecute Many Self-Reported FCPA Violations

Revisions to DoJ guidelines will let companies off the hook for self-reported overseas bribery charges in many cases. But whether or not to come forward remains a tricky decision.

The US Department of Justice plans to allow companies to walk away from Foreign Corrupt Practices Act (FCPA) violations if they self-report and cooperate with federal investigators. But firms considering whether to report themselves still face a difficult decision, an attorney who’s examined the issue says.

Deputy Attorney General Rod J. Rosenstein announced the revised anti-bribery policy in a Nov. 29 speech. The revisions, which will be incorporated into the DoJ US Attorneys’ Manual, are intended to incentivize self-disclosure by companies that have identified an FCPA violation

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