Record fine new fraudewet

- US authorities have more fines in 2016 than ever handed out to corrupt companies through their Foreign Corruption Practices Act and. The law has become a cash cow for the White House.

FCPA Incorporated has become the nickname of the anti-corruption law. Since 1977, this includes FCPA, once established after following the Lockheed affair (when bribe was paid to Prince Bernhard to influence the purchase of Lockheed aircraft positively by the Dutch Army).

The aim of the FCPA was mainly to American companies from engaging behaved over the border.

However, over the years, the FCPA increasingly become a means to penalize non-US companies and thus prevent them from having a competitive advantage over American companies.