Which law is primarily focused on preventing corruption in foreign transactions?

The Foreign Corrupt Practices Act (FCPA) is the correct choice as it specifically addresses the issue of corruption in foreign transactions. Enacted in 1977, the FCPA aims to make it illegal for U.S. companies and citizens to bribe foreign officials to obtain or retain business. This legislation was designed to enhance transparency and accountability in international business dealings, promoting fair competition and ethical practices across borders.

The FCPA consists of two main provisions: the anti-bribery provisions, which prohibit the payment of bribes to foreign officials, and the accounting provisions, which require companies to maintain accurate books and records and to implement internal controls to prevent corruption. This focus on overseas corruption makes the FCPA a crucial tool for combating bribery in international commerce and ensuring that businesses operate within the bounds of the law while engaging in foreign markets.

In contrast, while the Sarbanes-Oxley Act focuses on improving corporate governance and increasing the accuracy of financial disclosures for publicly traded companies, it does not specifically target corruption in foreign transactions. The USA PATRIOT Act primarily aims to prevent terrorism financing and money laundering, rather than directly addressing corruption in foreign business deals. The Anti-Money Laundering Law, while relevant to financial crimes and illicit transactions