The Department of Justice recently announced a new online system for filing, storing, and searching registrations under the Foreign Agents Registration Act. The policy change is something to be aware of from a corporate compliance standpoint, as it could apply to senior executives who receive requests from foreign governments for help with policy-related objectives.
Enacted in 1938, the Foreign Agents Registration Act (FARA) is a disclosure statute that requires agents of foreign principals in a political or quasi-political capacity to make periodic public disclosure of their relationship with the foreign principal, as well as activities, receipts, and disbursements in support of those activities.
