Bank Bribery Amendments Act ofÂ 1985

Law Anti-Bribery & Corruption Law

Date: 4th Aug, 1986 Source: Congress.gov Country: USA Original Source

Brief

'The Public Law 99-370, also known as the Bank Bribery Amendments Act of 1985, was enacted on August 4, 1986. The law amends title 18 of the United States Code to increase penalties for bribery and related offenses involving financial institutions. It defines a "financial institution" broadly to include banks, credit unions, and other types of financial institutions. The law also establishes guidelines for compliance and makes it effective 30 days after enactment.'

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