Insights

FCPA_2021_Year_in_Review_SOCIAL

FCPA 2021 Year In Review

The Biden administration took office in January 2021, announcing aggressive and sweeping anticorruption initiatives to tackle corruption around the world, labeling corruption a national security priority, and signaling a "surge" in corporate and individual enforcement. But the debilitating COVID-19 pandemic, coupled with the turnover in DOJ and SEC leadership, led to the lowest corporate Foreign Corrupt Practices Act ("FCPA") enforcement figures in the past 15 years. Nevertheless, the Biden administration's enforcement priorities began to take shape. Last year, the Deputy Attorney General announced enforcement policy revisions, and DOJ and SEC officials signaled a more aggressive posture toward corporate and individual FCPA enforcement. Meanwhile, the DOJ and the SEC continued to coordinate FCPA resolutions with their foreign counterparts, and the SEC made two sizeable awards to FCPA whistleblowers.

This White Paper reviews 2021 FCPA enforcement and describes what lies ahead.

Read the White Paper.

Jones Day publications should not be construed as legal advice on any specific facts or circumstances. The contents are intended for general information purposes only and may not be quoted or referred to in any other publication or proceeding without the prior written consent of the Firm, to be given or withheld at our discretion. To request reprint permission for any of our publications, please use our “Contact Us” form, which can be found on our website at www.jonesday.com. The mailing of this publication is not intended to create, and receipt of it does not constitute, an attorney-client relationship. The views set forth herein are the personal views of the authors and do not necessarily reflect those of the Firm.