Other Countries Can Fill U.S. Void in FCPA Enforcement

An article written by Kohn, Kohn & Colapinto founding partner, Stephen M. Kohn.
Shifting U.S. enforcement priorities may soon create a crisis in international anti-corruption efforts. For decades, the United States spearheaded those efforts through prosecutions under the Foreign Corrupt Practices Act (FCPA). On February 10, however, President Donald Trump issued an Executive Order pausing enforcement of the FCPA. During the pause, the Justice Department plans to reevaluate the enforcement strategies and presumably approve a new approach that could weaken future U.S. prosecutions. The move will surely create a void that needs to be filled.