Despite the impacts of the COVID-19 pandemic, 2020 was an active year for Foreign Corrupt Practices Act (FCPA) enforcement. The DOJ and SEC maintained their extensive cooperation with foreign law enforcement, especially in South America, making 2020 a record-breaking year with well over $6 billion in corporate monetary penalties. These FCPA enforcement trends are critically important both to Latin American companies and to US companies doing business in Latin America.
This WilmerHale client alert and webcast—published and recorded in both English and Spanish—summarizes key Latin America anti-bribery enforcement developments from 2020 and provides predictions for 2021.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.