U.S.: Highly Anticipated FCPA Resource Guide released

The U.S. Securities and Exchange Commission and the U.S. Department of Justice recently released a "Resource Guide to the U.S. Foreign Corrupt Practices Act" regarding the application and enforcement of the Foreign Corrupt Practices Act ("FCPA") The Guide is available at:

http://www.sec.gov/spotlight/fcpa/fcpa-resource-guide.pdf

While the FCPA Resource Guide ("Guide") does not represent a change in FCPA enforcement, it includes an extensive discussion of the FCPA. It provides useful examples and consolidates the relevant existing case law and the Guiding Principles for the enforcement of the FCPA in the U.S.

In practical terms, the Guide provides helpful guidance on the set-up of a compliance program by companies.