Foreign Corrupt Practices Act
Requires publicly held companies to institute internal accounting controls that would record all transactions
Makes it a crime for a U.S. corporation to bribe an official of a foreign government or political party to obtain or retain business
Prohibits payments to third parties when there is reason to believe it may be channeled to foreign officials
Omnibus Trade and Competitiveness Act
Allows for “grease” payments to cut red tape; i.e., getting shipments trough customs, getting permits