b. Foreign Corrupt Practices Act Amendments of 1988 Partial text of Title V of Public Law 100-418 [Omnibus Trade and Competitiveness Act of 1988; H. R. 4848], 102 Stat. 1107 at 1415, approved August 23, 1988 AN ACT To enhance the competitiveness of American industry, and for other purposes. SUBTITLE A-FOREIGN CORRUPT PRACTICES ACT AMENDMENTS; REVIEW OF CERTAIN ACQUISITIONS PART I-FOREIGN CORRUPT PRACTICES ACT AMENDMENTS SEC. 5001. SHORT TITLE. This part may be cited as the "Foreign Corrupt Practices Act Amendments of 1988". SEC. 5003. FOREIGN CORRUPT PRACTICES ACT AMENDMENTS. (d) INTERNATIONAL AGREEMENT. (1) NEGOTIATIONS.-It is the sense of the Congress that the President should pursue the negotiation of an international agreement, among the members of the Organization of Economic Cooperation and Development, to govern persons from those countries concerning acts prohibited with respect to issuers and domestic concerns by the amendments made by this section. Such international agreement should include a process by which problems and conflicts associated with such acts could be resolved. (2) REPORT TO CONGRESS.—(A) Within 1 year after the date of the enactment of this Act, the President shall submit to the Congress a report on (i) the progress of the negotiations referred to in paragraph (1), (ii) those steps which the executive branch and the Congress should consider taking in the event that these negotiations do not successfully eliminate any competitive disadvantage of United States businesses that results when persons from other countries commit the acts described in paragraph (1); and (iii) possible actions that could be taken to promote cooperation by other countries in international efforts to prevent bribery of foreign officials, candidates, or parties in third countries. (B) The President shall include in the report submitted under subparagraph (A)— (i) any legislative recommendations necessary to give the President the authority to take appropriate action to carry out clauses (ii) and (iii) of subparagraph (A); (ii) an analysis of the potential effect on the interests of the United States, including United States national security, when persons from other countries commit the acts described in paragraph (1); and (iii) an assessment of the current and future role of private initiatives in curtailing such acts. PART II—REVIEW OF CERTAIN MERGERS, ACQUISITIONS, AND TAKEOVERS NOTE.-Appendix I lists Public Laws included in Legislation on Foreign Relations Through 1989, arranged by Public Law number with corresponding short title or popular name. APPENDIX I Short Title Public Law No. 101-246................... Foreign Relations Authorization Act, Fiscal 101-246........ 101-243. Years 1990 and 1991 PLO Commitments Compliance Act of 1989 (title Urgent Assistance for Democracy in Panama 101-240................... International Development and Finance Act of 101-240. 101-233 101-231 101-219 101-216................ 101-215 101-200 ..... 101-193 101-189 101-186..... 101-179.... 101-172 ....... 101-167..... 101-165...... 101-162 101-161 ............... 101-154 1989 Foreign Debt Reserving Act of 1989 (title IV) Arms Control and Disarmament Amendments Survival Assistance for Victims of Civil Strife in USIA Film Tribute to Mickey Leland Intelligence Authorization Act, Fiscal Year 1990 Earth Day-Proclamation Support for East European Democracy (SEED) Naval Landing Ship Dock to Brazil Foreign Operations, Export Financing, and Re- Rural Development, Agriculture, and Related ....... Further Continuing Appropriations, Fiscal Year 1900 Public Law No. 101-148........ 101-142 101-139 101-130. 101-122....... 101-119 101-113..... 101-107 101-100. 101-83....... 101-69 101-65 101-64 101-63 101-62.... 101-55......... 101-45 ................ 101-44............. 101-39 101-25 ........... 101-14........... 101-13........... 101-9..... 101-8..... 101-3.............. 100-690 ........ APPENDIX I—Continued Short Title Military Construction Appropriations, Fiscal National Arab-American Day Fiscal Year 1990 Dire Emergency Supplemental National Hostage Awareness Day Assistance for Free and Fair Elections in Nica Continuing Appropriations for Fiscal Year 1990 Helsinki Human Rights Day National POW/MIA Recognition Day Polish American Heritage Month Implementing Agreement for Vienna Conven- National Day to Commemorate the Bastille Day Dire Emergency Supplemental Appropriations Baltic Freedom Day Jewish Heritage Week Implementation of Bipartisan Accord in Central National Former Prisoners of War Recognition Election Observer Mission for 1989 Presidential Commendation for Tenth Anniversary of the Treaty of Peace Between Israel and Egypt Greek Independence Day: A National Day of Celebration of Greek and American Democra cy International Narcotics Control Act of 1988 (title 100-685..................... National Aeronautics and Space Administration 100-629 100-576 100-530. Authorization Act, Fiscal Year 1989 U.S.-U.S.S.R. Fishing Agreement Bangladesh Disaster Assistance Act of 1988 |