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FCPA Challenge

FCPA Challenge

How much do you know about the Foreign Corrupt Practices Act? Let’s find out.

To commemorate the FCPA’s 40th year, FCPA Professor is presenting the FCPA Challenge.

Each Thursday during 2018, a question will be posed and the answer will be below the fold.

This week’s question is: in 2006, the DOJ brought criminal FCPA charges against this foreign issuer (believed to be the first time in FCPA history this occurred) and in announcing the charges, the DOJ stated: “Although [company] is a foreign issuer, the FCPA applies to foreign and domestic public companies alike, where the company’s stock trades on American exchanges”

Answer: Staoil (see here and here).

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