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ARTICLE · 15 JULY 2021

Global Anti-Corruption Insights: Summer 2021

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With a changing of the guard in Washington and the lingering COVID-19 pandemic, enforcement of the US Foreign Corrupt Practices Act (FCPA) has been relatively quiet so far this year.

GlobalCriminal Law

With a changing of the guard in Washington and the lingering COVID-19 pandemic, enforcement of the US Foreign Corrupt Practices Act (FCPA) has been relatively quiet so far this year. Under President Biden and Attorney General Garland, the Department of Justice (DOJ) has announced only one new FCPA corporate enforcement action, and the new criminal charges it has brought against individuals for their roles in foreign corruption schemes mostly arise out of long-running cases involving state-owned oil companies in Latin America. But more aggressive enforcement of the FCPA—and other federal anti-corruption laws—may not be far away. In June, President Biden issued a "Memorandum on Establishing the Fight Against Corruption as a Core United States National Security Interest," and in January Congress gave the DOJ and US Securities and Exchange Commission (SEC) new enforcement tools in the National Defense Authorization Act of 2021.

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