U.S. authorities have been beefing up their enforcement capacity for violators of the Foreign Corrupt Practices Act (FCPA), which means that companies with ties to Latin America need to reinforce their compliance mechanisms, lawyers say.

Nearly 60% of the U.S. Department of Justice’s FCPA enforcement actions and more than two-thirds of FCPA-related prosecutions of individuals during 2022 had connections to Latin America, according to data compiled by the Stanford Law School Foreign Corrupt Practices Act Clearinghouse.