Blowing the Whistle on Bribes Abroad
Posted by: Reuben Guttman On: July 26th, 2011 | Number of Comments: Comments Off
The SEC’s new whistleblower program provides an outlet for whistleblowers who want to report on corporations that bribe foreign officials in order to conduct business. Where the SEC secures a recovery from the wrongdoer, the whistleblower will be entitled to a bounty.
Prosecutions under the Foreign Corrupt Practices Act (FCPA) have been on the rise and it is expected that the SEC whistleblower program will only lead to more prosecutions.
Attorneys in Mexico, China, the Middle East and other areas around the globe are now familiarizing themselves with the FCPA and the Dodd-Frank whistleblower provisions in what could be a global effort at cross boarder enforcement of the law.
Those seeking more information on the FCPA should contact us at whistleblowerlaws.com
Location : Whistleblowers Blog
Categories : Whistleblowers Blog