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ARTICLE · 17 DECEMBER 2019

2019 FCPA Enforcement Actions And Highlights

ELIG Gürkaynak Attorneys-at-Law
ELIG Gürkaynak Attorneys-at-Law
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ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law is an eminent, independent Turkish law firm based in Istanbul. The...

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So far, 2019 has seen less activity in terms of enforcement actions under the Foreign Corrupt Practices Act, compared to 2018.

TurkeyCriminal Law

So far, 2019 has seen less activity in terms of enforcement actions under the Foreign Corrupt Practices Act ("FCPA"), compared to 2018. In 2019, the United States Department of Justice ("DOJ") took a total of 22 enforcement actions, 1 and the Securities and Exchange Commission2 ("SEC") took a total of 11 enforcement actions.3

DOJ Declination Decisions

The DOJ had been investigating violations of the FCPA by Quad/Graphics Inc. ("Quad"), due to the fact that it had uncovered evidence relating to Quad's Peruvian subsidiary paying or promising to pay over USD 1 million to third-party intermediaries, which were partly used to pay bribes to Peruvian government officials for securing printing contracts with government agencies, minimizing penalty payments related to delayed execution of contracts with government agencies and owed tax payments. In September 2019, the DOJ announced that it would decline to proceed with the prosecution of Quad, on the grounds that Quad

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