Designation of Public International Organizations for Purposes of the Securities Exchange Act of 1934 and the Foreign Corrupt Practices Act of 1977
Headline: Designates European Union and Europol for U.S. securities and anti-bribery laws
What it does: The order designates the European Union and Europol as 'public international organizations' for applying specified provisions of U.S. securities and anti-bribery laws.
- Applies parts of U.S. securities law to the European Union.
- Applies anti-bribery rules under the Foreign Corrupt Practices Act to EU and Europol.
- Limits the designation's effect to the named statutes, not other U.S. laws.
Summary
This order names the European Union and the European Police Office (Europol) as 'public international organizations' for the purposes of specific U.S. laws. It applies this designation to parts of the Securities Exchange Act of 1934 and to sections of the Foreign Corrupt Practices Act of 1977.
The designation includes EU institutions such as the European Commission and the European Central Bank. The order says this label only applies for those statutes and does not decide whether the entities are public international organizations under other laws.
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