The two federal agencies tasked with enforcing the Foreign Corrupt Practices Act took very different approaches in 2015, according to a report released on Monday. The U.S. Department of Justice sought to hold individuals accountable, while the U.S. Securities and Exchange Commission mostly wielded the anti-bribery statute against corporations.
In its 2015 year-end FCPA update, Gibson, Dunn & Crutcher reported that the DOJ and the SEC each brought 10 enforcement actions under the FCPA last year. That’s a notable drop from 2014, when the agencies brought a combined 26 enforcement actions. The dual enforcers brought a combined 27 actions in 2013.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
