Top DOJ and SEC Officials Highlight Continued FCPA Enforcement and Increased International Cooperation

Top officials at the U.S. Securities and Exchange Commission (“SEC”) and the Department of Justice (“DOJ”) recently highlighted the federal government’s continued commitment to enforcing the Foreign Corrupt Practices Act (“FCPA”), holding individuals accountable for corporate misconduct, and working closely with foreign governments in connection with anti-corruption enforcement efforts. In doing so, the DOJ especially emphasized that the U.S. government should seek to avoid duplicative punishments against a company—or “piling on”—where a foreign jurisdiction has adequately punished such company. Accordingly, companies and their executives should recognize that international anti-corruption cooperation is on the rise, and that alleged misconduct in one jurisdiction may well result in a more coordinated response from authorities.

Read the full Top DOJ and SEC Officials Highlight Continued FCPA Enforcement and Increased International Cooperation report.