A bill to amend the Securities Exchange Act of 1934 to address corrupt practices of the Government of the People's Republic of China, and for other purposes.
Countering Corporate Corruption in China Act of 2023
This bill expands the activity prohibited under the Foreign Corrupt Practices Act (FCPA) applicable to issuers of securities, domestic concerns, and others. (The FCPA generally prohibits bribes to foreign officials.)
For example, the bill includes as prohibited corrupt practices
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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