The FCPA was formed in 1977, whereas, the Bribery Act, formerly known as bribery bill was introduced in 2009 and came into effect in 2011. Although both have the same intent against bribery, they are some differences between the two.
FCPA and Bribery Act consider it illegal to bribe foreign officials. Bribery Act covers bribery on the private level as well and they prohibit anyone giving or taking bribes to private, public officials and enterprises and holds not only the company but also anyone involved in the process, whether giving or taking bribe and takes severe action against the organization for failure of preventing bribery. FCPA takes action against an entity or individual that gives a bribe.
Under FCPA, it must be proven that bribery
FCPA and Bribery Act consider it illegal to bribe foreign officials. Bribery Act covers bribery on the private level as well and they prohibit anyone giving or taking bribes to private, public officials and enterprises and holds not only the company but also anyone involved in the process, whether giving or taking bribe and takes severe action against the organization for failure of preventing bribery. FCPA takes action against an entity or individual that gives a bribe.
Under FCPA, it must be proven that bribery