This is the third in our First 100 Days series examining
important trends in white collar law and investigations in the
early days of the Biden administration. Our previous entry
discussed
sanctions and export control trends. Up next, congressional
inquiries.
Anti-Corruption Enforcement Under the Biden Administration
The FCPA Will Remain an Enforcement Priority
As evidenced by the nearly $2.8 billion in monetary remedies
collected by the Department of Justice (DOJ) and the Securities and
Exchange Commission (SEC) in 2020 – including through
resolution of two of the largest global corruption cases in history
– FCPA enforcement remained a priority for the DOJ and the
SEC.
We expect this trend to continue under the Biden Administration,
especially in light of President Biden's prioritization of
anti-corruption efforts as a "core national security
interest." The President has also pledged to convene a global
Summit for Democracy in 2021, which will focus on
