hospitalitynet.org -- In our previous article, we introduced the Foreign Corrupt Practices Act, discussing its basic provisions, its growing importance as a law enforcement tool by U.S. authorities, and its broad potential application to hotel industry vendors in the context of the government’s prosecution of York International, a global heating and air conditioning company. As we noted, the FCPA generally prohibits giving “anything of value” to a foreign official to acquire an unjustified benefit. The nature of the offence, and hence the penalty, is measured more by the amount of the benefit obtained than by the size of the payments.
