US Department of Justice ("DOJ") and US Securities and
Exchange Commission ("SEC") close 2013 and start 2014
with high-profile cases
In 2013, the DOJ and SEC continued their ongoing aggressive
fight against corruption, with FCPA-related fines and penalties
totaling over $730 million (compared to just $260 million in 2012),
including two of the top ten largest settlements in FCPA history.
The regulators also continued to target individuals, as 13
defendants pled guilty or were convicted of FCPArelated charges.
The 2013 corporate settlements reached by the SEC are available at:
http://www.sec.gov/ spotlight/fcpa/fcpa-cases.shtml. The DOJ's
list of enforcement cases for 2013 is available at
http://www.justice.gov/ criminal/fraud/fcpa/cases/2013.html. Key
themes to draw out include:
