Japanese Bar Association Publishes New Guidance on Foreign Bribery Prevention

In July 2016, the Japanese Federation of Bar Associations ("JFBA") published new guidelines on foreign bribery prevention (the "JFBA Guidelines"), which sets out a menu of best-practice recommendations to ensure compliance not only with Japan's Unfair Competition Prevention Act ("UCPA"), but more importantly with the United States' Foreign Corrupt Practices Act ("FCPA") and United Kingdom's Bribery Act 2010 ("UKBA"). These guidelines represent yet another step in Japan's ongoing and increasing efforts to combat bribery and corruption and to protect its companies doing business abroad.

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