• Qui Tam
  • SEC
  • CFTC
  • FCPA
  • Whistleblower Resources
  • FAQS
Subscribe
Donate
No Result
View All Result
Whistleblower Network News
The Truth at Any Cost.
Qui Tam, Compliance and Anti-Corruption News.
SIGN THE PETITION FOR NATIONAL WHISTLEBLOWER DAY IN 2023
Whistleblower Network News
  • Qui Tam
  • SEC
  • CFTC
  • FCPA
  • Whistleblower Resources
  • FAQS
Subscribe
Donate
No Result
View All Result
Whistleblower Network News
No Result
View All Result
Home Corporate Dodd-Frank

The Foreign Corrupt Practices Act is an Effective Tool to Stop Illegal Activity and Catch Illicit Profits

Maya EfratibyMaya Efrati
August 30, 2018
in Dodd-Frank, Foreign Corruption, Global Whistleblowers, News, SEC, Wildlife Whistleblowers
Reading Time: 2 mins read
Share on TwitterShare on FacebookShare on LinkedInEmail
International-Map-of-SEC-Crimes-Reported-foreign-corrupt-practice-act
International tips are crucial to the SEC’s law enforcement capabilities. From 2011 to 2017, the SEC received a total of 2,655 whistleblowers from 113 countries. This map shows the countries as well as the frequency of those tips.

Washington, D.C. August 30, 2018. Today, the National Whistleblower Center (“NWC”) released a report analyzing data from Foreign Corrupt Practice Act (“FCPA”) cases since the law was passed in 1977, including several cases decided in 2018.

The Foreign Corrupt Practices Act is one of the most important whistleblower laws, especially for foreign nationals and for combatting corruption and bribery occurring on foreign soil. The FCPA prohibits companies issuing stock in the U.S. – and their subsidiaries – from bribing foreign officials to win contracts and other business.

Foreign-corrupt-practice-act-pdf-how-the-whistleblower-reward-provisions-have-workedThe NWC report reveals that successful Foreign Corrupt Practice Act (FCPA) prosecutions are on the rise, in terms of quantity and value of the imposed sanctions. Moreover, the FCPA is proving effective in addressing corruption beyond U.S. borders. The data illustrates a true success story of the US protecting its domestic market through appropriate and effective law enforcement authority on the world stage. It also found that whistleblowers are a critical part to ensuring the success of whistleblower incentive laws like the FCPA.

Support Whistleblower Network News

Interested in learning more? You can read National Whistleblower’s Foreign Corrupt Practices Act: How the Whistleblower Reward Provisions Have Worked. 

The three-part document explores the following:

Part 1:

  • Who is entitled to a financial reward for exposing the corruption?
  • Are foreign nationals entitled to a financial reward?
  • Where is the global jurisdiction for filing a case?
  • What are the procedures for filing a case?
  • How do incentivizing whistleblowers eliminate corruption?
  • What are the unwanted concerns when blowing the whistle?
  • How the National Whistleblower Center support FCPA Whistleblowers?

Part 2:

  • Explores the data given by SEC and DOJ.
  • Shows the frequency of international whistleblower tips received.
  • The top locations that the bribes are received internationally.
  • Explores the data for FCPA in Europe.

Part 3: 

  • Assert the importance of whistleblowers in the elimination of corruption.
  • Snapshot of 2018 whistleblower SEC cases.
  • Conclusion

 

Tags: Anti-CorruptionDodd-Frank ActFCPAForeign BriberyForeign Corrupt Practices ActSECWhistleblowerwhistleblower incentives
Previous Post

Empowering whistleblowers is the key to combating wildlife crime

Next Post

Opinion: The Role of Whistleblower Protections in Wildlife Conservation

Maya Efrati

Maya Efrati

Next Post

Opinion: The Role of Whistleblower Protections in Wildlife Conservation

Please login to join discussion

Receive Daily Alerts

Subscribe to receive daily breaking news and legislative developments sent to your inbox.

  • This field is for validation purposes and should be left unchanged.

Most Popular

Change the Culture, Make National Whistleblower Day Permanent

Tell President Biden to “Finish the Job” for Whistleblowers

Whistleblower Advocates See Parallels to Enron in Silicon Valley Bank Collapse

Whistleblower Jóhannes Stefánsson Plans to Testify at Fishrot Trial in Namibia

WNN Exclusive Interview with Social Security Whistleblowers Sarah Carver and Jennifer Griffith — Part 1

Whistleblower Raised Concerns of Rodents, Spiders in Kitchen of Childcare Facility, Then Fired; OSHA Rules They Were Retaliated Against

Whistleblower Poll

Whistleblower Poll
Whistleblower Poll

Exclusive Marist Poll: Overwhelming Public Support Among Likely Voters For Increased Whistleblower Protections

byGeoff Schweller
October 6, 2020

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

STAY INFORMED.
Subscribe to receive breaking whistleblower updates.

  • This field is for validation purposes and should be left unchanged.

About Us

  • About
  • Contact Us
  • Donate
  • Careers

Subscribe

  • Daily Mail
  • Follow us on Twitter
  • YouTube Channel

Contribute

  • Letter to the Editor
  • Submission Guidelines
  • Reprint Guidelines

Your Experience

  • Accessibility Statement
  • Privacy Policy
  • Terms of Use

Help

  • The Whistleblowers Handbook
  • Frequently Asked Questions
  • Advertise
Whistleblower Network News

Whistleblower Network News is an independent online newspaper providing our readers with up-to-date information on whistleblowing. Our goal is to be the best source of information on important qui tam, anti-corruption, compliance, and whistleblower law developments. 

Submit an Article

Copyright © 2021, Whistleblower Network News. All Rights Reserved.

This Newspaper/Web Site is made available by the publisher for educational purposes only as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this website, you understand that there is no attorney-client relationship between you and the Newspaper/Web Site publisher. The Newspaper/Web Site should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.

SIGN THE PETITION FOR NATIONAL WHISTLEBLOWER DAY IN 2023
No Result
View All Result
  • Exclusives
  • Government
    • False Claims-Qui Tam
    • Federal Employees
    • Intelligence
  • Corporate
    • CFTC & Commodities
    • Dodd-Frank
    • IRS & Tax
    • SEC & Securities
  • Features
  • Legislation
  • International
    • Foreign Corruption
  • Rewards
  • Whistleblower of the Week
  • Environment & Climate
  • Opinion
  • Editorial
  • Employment
    • Sarbanes-Oxley Whistleblowers
    • Retaliation
    • OSHA
  • Media
    • Podcasts
    • Videos
    • Webinars
    • National Whistleblower Day
  • Whistleblower Poll
  • Whistleblower Resources
    • Frequently Asked Questions
    • Resources for Locating An Attorney
    • The New Whistleblowers Handbook
  • National Whistleblower Day ’23

Copyright © 2020, Whistleblower Network News. All Rights Reserved.

Become a Whistleblower Network News Subscriber

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Subscribe to WNN

Retrieve your password

Please enter your username or email address to reset your password.

Subscribe to WNN

Add New Playlist

Go to mobile version