In 2020, the biggest Foreign Corrupt Practices Act headline was the record-shattering global anticorruption enforcement fines and penalties collected by foreign regulators in actions involving a coordinated FCPA resolution. In the United States, the DOJ and the SEC also collected record fines and penalties, but those numbers were eclipsed by the global figures. While the COVID-19 pandemic did not appear to slow the ability to resolve cases that were near resolution, it did impact ongoing corporate and individual investigations due to the complications of conducting witness interviews and collecting certain types of information remotely, including limited access to courts and grand juries for large parts of the year.
Source:
- Jones Day: FCPA 2020 Year in Review
