This article explores the US right to be the world’s policeman. As discussed in numerous articles in Offshore Investment there is both civil and criminal liability for offshore attorneys, banks and trust companies for violation of US laws for actions that are solely outside of the US. The US has imposed it tax, securities and banking regulations on a global basis. There have been numerous successfully prosecutions under the Foreign Corrupt Practices Act, for activities wholly conducted outside the US. Same likely to be true for the US International Traffic in Arms Regulations, the Sarbanes‑Oxley act, and US patents.
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