Foreign Corrupt Practices Act (FCPA): Key federal law that prohibits the payment of bribes to foreign officials to assist in obtaining or retaining business. Requires companies to maintain accurate books and records and adequate internal accounting controls.
Sarbanes-Oxley Act of 2002 (SOX): Federal law that sets requirements for all U.S. public company boards, management, and public accounting firms. Includes provisions for corporate responsibility, enhanced financial disclosures, and fraud prevention.
Dodd-Frank Wall Street Reform: Legislation that brought significant changes to financial regulation, including new whistleblower provisions and enhanced corporate governance requirements.
False Claims Act: Federal law that imposes liability on persons and companies who defraud governmental programs. Includes whistleblower provisions that allow individuals to file actions on behalf of the government.
Anti-Kickback Statute: Criminal law that prohibits the exchange (or offer to exchange) of anything of value in an effort to induce or reward the referral of federal healthcare program business.
Bank Secrecy Act: Requires financial institutions to assist government agencies in detecting and preventing money laundering, including reporting cash transactions exceeding $10,000.
USA PATRIOT Act: Enhances anti-money laundering requirements and implements measures to prevent, detect, and prosecute international money laundering and financing of terrorism.
RICO Act: Federal law designed to combat organized crime by allowing prosecution and civil penalties for racketeering activity performed as part of an ongoing criminal enterprise.
SEC Regulations: Comprehensive set of rules and regulations governing securities markets, including requirements for corporate disclosure, insider trading, and fraud prevention.
Federal Sentencing Guidelines: Provides standards for organizations to follow in implementing effective compliance and ethics programs, including fraud prevention measures.
DOJ Guidance: Department of Justice guidelines on corporate compliance programs, including evaluation criteria and best practices for fraud prevention.
State Fraud Statutes: Various state-specific laws that define and prohibit fraudulent activities, with varying requirements and penalties across different jurisdictions.
Whistleblower Protection Act: Federal law that protects federal employees who disclose government wrongdoing, including fraud and corruption, from retaliation.
UN Convention Against Corruption: International anti-corruption treaty that sets global standards for preventing and combating corruption, including measures for international cooperation.
OECD Anti-Bribery Convention: International agreement establishing legally binding standards to criminalize bribery of foreign public officials in international business transactions.
ISO 37001: International standard that specifies requirements and provides guidance for establishing, implementing, maintaining, and improving an anti-bribery management system.
Gramm-Leach-Bliley Act: Federal law requiring financial institutions to explain their information-sharing practices and protect sensitive data, which is crucial for preventing fraud.
FinCEN Requirements: Financial Crimes Enforcement Network regulations requiring financial institutions to implement anti-money laundering programs and report suspicious activities.
