Concerned about the USForeignCorruptPracticesAct (FCPA), the far-reaching law that criminalizes improper payments to foreign officials, the company hires lawyers and accountants with great expertise in the region.
The USForeignCorruptPracticesAct makes it a crime for US corporations and their subsidiaries to bribe foreign officials, and some other large US companies have found themselves on the wrong side of the law.
Walmart is already under investigation by the SEC and the US Department of Justice over its potential breach of the ForeignCorruptPracticesAct (FCPA), which bans US businesses from bribing foreign officials.