With the recent passage of the Foreign Extortion Prevention Act (FEPA), U.S. prosecutors are now armed with a powerful new tool in fighting global corruption. While FEPA is the first U.S. law to specifically criminalize bribery by foreign officials, it may also increase corruption risks and exposure for both U.S. and foreign companies.
This webinar* provides an in-depth analysis of these potential corruption risks and how businesses can prepare for them, including:
- Who and what is covered by FEPA, and how does it differ from the FCPA?
- How could government prosecutors use FEPA in practice?
- How might FEPA raise anti-corruption risk and exposure for U.S. and foreign companies?
- What remains unknown about how FEPA will be implemented, and how should businesses plan for these uncertainties?
- What are the practical steps that companies should consider taking at this time, including updating anti-corruption and compliance policies and training as well as protocols for internal investigations and whistleblower programs?
Foreign Extortion Prevention Act: DOJ’s New Tool to Prosecute Global Corruption
*CLE credit is not available for viewing the recording of this webinar, which was presented and recorded on February 27, 2024.