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Foreign Corrupt Practices Act

The financial definition for Foreign Corrupt Practices Act:

An amendment to the Securities Exchange Act created to sanction bribery of foreign officials by publicly held US companies.




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Uniform Customs and Practices (Brochure 500)

Uniform Customs and Practices (Brochure 500)
International Chamber of Commerce rules (commonly referred to as UCP 500 or ICC 500), that are used for Letters of credit. These letters then become legally binding when written into the text of the letter.




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