Foreign Corrupt Practices Act (FCPA): Primary federal law that prohibits U.S. companies and individuals from bribing foreign government officials to benefit their business interests. Essential for compliance in foreign agency relationships.
Export Administration Regulations (EAR): Regulates the export and re-export of commercial and dual-use items. Must be considered when agent will be handling U.S. origin goods or technology.
International Traffic in Arms Regulations (ITAR): Controls the export and import of defense-related articles and services. Critical if the agency relationship involves defense-related items.
Anti-Boycott Laws: Prohibits U.S. companies from participating in foreign boycotts that the U.S. does not sanction. Important for international trade relationships.
Trade Sanctions and Embargoes (OFAC): Regulations governing trade restrictions with specific countries, entities, or individuals. Essential for compliance in international agency relationships.
Principal-Agent Law: Common law principles governing the relationship between principal and agent, including duties, responsibilities, and liability.
International Commercial Terms (Incoterms): Standardized international trade terms that define responsibilities of buyers and sellers in international transactions.
Foreign Account Tax Compliance Act (FATCA): Tax regulations requiring reporting of foreign financial accounts and offshore assets. Relevant for financial aspects of agency relationships.
Intellectual Property Protection Laws: Laws governing patents, trademarks, and trade secrets that need to be considered when agent will be handling intellectual property.
International Arbitration Conventions: Framework for resolving international commercial disputes, including the New York Convention on arbitration enforcement.
Data Protection Regulations: Laws governing data privacy and cross-border data transfers, including GDPR considerations if dealing with EU entities.
Employment and Labor Laws: Regulations affecting employment relationships, including classification of agents and compliance with local labor laws.
