Mark S. Cohen, Jonathan S. Abernethy and Soeun Nikole Lee of Cohen & Gresser write: The history of South Korea's Foreign Bribery Prevention Act (FBPA) has been one of relative obscurity, with little enforcement activity and a total of just 10 convictions. However, given the increasing foreign bribery enforcement climate globally and the prospect that the recent criticism from Transparency International could spur Korea into more action, a closer look at the FBPA is timely and warranted.
Anti-Corruption Enforcement in Korea: Is an Old Law Coming of Age?
New York Law Journal
November 4, 2013