Global Anti-Bribery Year-in-Review: 2023 Developments and Predictions for 2024

Publicly announced Foreign Corrupt Practices Act (FCPA) enforcement activity in 2023 did not return to the levels seen a few years ago, as indicated by both the total number of cases against corporate and individual defendants and the combined total of monetary penalties. Nonetheless, senior officials at the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) again signaled that anti-corruption enforcement is a priority and that there will be significant and growing enforcement efforts going forward.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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