FCPA: Balancing Economic Competitiveness with Ethical Business Practices

Understanding the Foreign Corrupt Practices Act: Recent Developments and Implications

In this episode, Reinhard von Hennigs discusses the Foreign Corrupt Practices Act (FCPA) and the recent executive order by the U.S. President to temporarily halt new enforcement actions under the FCPA. Highlighting the debate this has sparked within the international business community, Reinhard explores the potential impacts on American economic competitiveness, national security, and international trade. The episode delves into the history of the FCPA, its global context, and the executive order's possible legal and financial ramifications. It raises crucial questions about global business ethics, compliance, and the nature of fair competition in international markets.