FCPA and Other Anti-Corruption Conventions Awareness Training

The Foreign Corrupt Practices Act of 1977 ("FCPA"), is a US law and was enacted for the purpose of making it unlawful for certain classes of persons and entities to make payments to foreign government officials to assist in obtaining or retaining business.

The FCPA applies to two broad categories of persons: those with formal ties to the United States and those who take action in furtherance of a violation while in the United States.

Similarly, Canada has enacted the Canadian Corruption of Foreign Public Officials Act (CFPOA) for implementing its obligations under the UN Convention against Corruption. The UK and EU too have their own anti-bribery laws and conventions which establish company liability for corrupt acts committed by persons acting on behalf of the company.

Our awareness training is typically a half-day session; it covers the important requirements of the above laws and sensitises the business managers about the serious consequences of its non-compliances.

Blogs

3rd December, 2021

Equalization Levy (EL) on Online advertisement or space

The Finance Act 2016, introduced equalization levy of 6% to be charged from amounts paid for specified services to a non-resident not having any permanent establishment i...

3rd December, 2021

TDS on Software Purchases

As per The Hon’ble Supreme Court’s decision in the lead case of Engineering Analysis Centre of Excellence Pvt. Ltd [TS-106-SC-2021] dated 2ndMar 2021, there is no TDS...

22nd November, 2021

Annual Information Statement (AIS)

As intimated by the Hon. Finance Minister of India in her Union Budget, the CBDT has launched the AIS portal on 1st November, 2021 which gives a comprehensive and detaile...