Which legislation serves as an anti-bribery measure with extraterritorial reach?

The Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act 2010 both serve as significant anti-bribery measures with extraterritorial reach. The FCPA, enacted in the United States, prohibits the bribery of foreign officials to gain or retain business and applies to both U.S. individuals and entities, as well as foreign companies that conduct business within the U.S. This means that its enforcement can extend beyond U.S. borders to any entity engaging in corrupt practices related to U.S. commerce.

Similarly, the UK Bribery Act 2010 has an expansive scope that applies to both individuals and organizations that conduct business in the UK, regardless of where the bribery occurs. This means that non-UK entities can also be prosecuted under this law if they are deemed to have engaged in bribery while conducting business in or related to the UK.

In conjunction, these two pieces of legislation create a powerful framework for combating corruption and bribery on an international level, highlighting the commitment of their respective jurisdictions to uphold ethical business practices globally. By focusing on these laws, individuals and businesses can better understand the implications of bribery and the importance of compliance, particularly in a global marketplace.